WeChat users in the U.S. rushed to install the app before it could disappear from the app stores. They have also turned to QQ, as the ban did not specifically cover this product.
It was unclear how the administration could implement the ban on WeChat in mid-September. It could order Apple Inc and Alphabet Inc's Google to remove WeChat from their app store, or order the apps to stop offering access or updates to U.S. users.
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.
Other participants in the call included Procter & Gamble Co, Intel Corp, MetLife Inc, Goldman Sachs Group Inc, Morgan Stanley, United Parcel Service Inc, Merck & Co Inc and Cargill Inc.
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.
Bryant also cautioned against a disruption in cross-border investment, as her company helps bring in investment from around the world, especially China.