TikTok, WeChat and Huawei Technologies Co. are just the beginning. What comes next has the potential to reshape the global economy for decades to come.
President Donald Trump’s moves to prevent some of China’s biggest companies from accessing the private data of Americans -- restrictions set to take effect this month -- are part of a broader effort to create “clean networks” the Communist Party can’t touch. That initiative, involving everything from 5G networks to cloud services to undersea cables, is already impacting corporate deal-making and geopolitics, with both countries and companies pressured to pick sides.
While the actions are intensifying in