Thread: Adding Ant to the entity list is a terrible idea.
If the bar to harsh US actions against a CN company is simply global success and innovation, USG plays into and strengthens the CN hardliner view that it US just wants to take CN down
scmp.com/news/world/uni…
If the bar to harsh US actions against a CN company is simply global success and innovation, USG plays into and strengthens the CN hardliner view that it US just wants to take CN down
scmp.com/news/world/uni…
Note the lack of real national security justification to give this action ant real legitimacy. No sanctions violations like ZTE/Huawei, and Ant isn’t actively going after US users, so “sensitive data” on Americans is bogus. Alipay is accepted in US but mainly for CN tourists.
any impact on Ant would prob be symbolic. I’m not aware of any major
reliance on US tech/products (except dev tools for Android and iOS, which may or may not fall under entity list—any experts on this know?) IPO still goes on, it expands internationally, and US controls look weak
reliance on US tech/products (except dev tools for Android and iOS, which may or may not fall under entity list—any experts on this know?) IPO still goes on, it expands internationally, and US controls look weak
many (incl in CN) mistake the entity list for a sanction (SDN). Making Ant a SDN wld be huge blow, cut off global banking relats and stop even non-US banks/investors from participating in IPO, but the entity listing floated only cuts off US tech&products. IPO could still go on
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