epa08588968 A posed photo shows the icons of Chinese internet media apps WeChat (L) and TikTok (R) being displayed on a phone, in Beijing, China, 07 August 2020. According to media reports, US President Donald Trump has issued an executive order to ban US transactions with Chinese companies Tencent and ByteDance. EPA-EFE/ROMAN PILIPEY 
Beijing will defend the legitimate rights and interests of Chinese businesses and the United States would have to bear the consequences of its actions, ministry spokesman Wang Wenbin told reporters during a daily briefing, without giving details.
"The U.S. is using national security as an excuse and using state power to oppress non-American businesses. That’s just a hegemonic practice. China is firmly opposed to that," he said.
The U.S. executive orders, which will be effective in 45 days, come after the Trump administration announced its efforts to purge "untrusted" Chinese apps from U.S. digital networks and called WeChat, controlled by Tencent Holdings Ltd, and ByteDance's TikTok "significant threats."
Wang said that the United States was sacrificing the interests of users and companies and engaging in political manipulation and oppression, adding that it "will only lose its moral high ground with a damaged image and a deficit of trust". (Reporting by Cate Cadell Writing by Tony Munroe; Editing by John Stonestreet and Alexander Smith)