Bryant also cautioned against a disruption in cross-border investment, as her company helps bring in investment from around the world, especially China.
In 2019, Chinese visitors spent more than 1.3 billion dollars visiting the San Francisco Bay Area. For many of them, WeChat, with its ability to make payments, played a valuable role.
"Seeing Chinese investment go through the door, I think it is definitely going to slow down, and they are definitely going to think twice, and I think unfortunately for America, that a lot of the investment may actually go to Europe instead.” 大众网·海报新闻记者 贺辉 赵鹏程 抚州报道
In the U.S., WeChat app downloads in the U.S. rose by 41 percent in a six-day average from the week prior to the U.S. ban announced last Thursday, and QQ downloads have tripled in the past week, according to data from Sensor Tower.
More users in the United States downloaded chat app WeChat and another Tencent-owned chat app, QQ, after President Donald Trump threatened to ban WeChat, according to Sensor Tower data on Thursday.
According to a survey on China's Twitter-like social media platform Weibo, about 95 percent of 1.2 million people that responded said they would switch to an Android smartphone over an iPhone rather than give up WeChat if it were banned.