Bryant also cautioned against a disruption in cross-border investment, as her company helps bring in investment from around the world, especially China.
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.
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.
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 his latest report, TF International Securities analyst Kuo Ming-chi estimated that global iPhone shipments could drop by 25 to 30 percent if Apple is forced to remove WeChat from its global app store. Besides, the annual shipments of other Apple hardware devices, including AirPods, iPad, Apple Watch, and Mac, will be revised down by 15 to 25 percent.
Over a dozen major U.S. international business executives joined in a call with White House officials on Tuesday to raise their concerns about President Donald Trump's planned restrictions targeting the WeChat app from China's Tencent Holdings Ltd., according to a Wall Street Journal report.