An employee stands next to the logo of Ant Financial Services Group, Alibaba's financial affiliate, at its office in Hangzhou in January 2018. Photo: Reuters
US State Department proposes adding China’s Ant Group to trade blacklist, insiders say
- Move comes as fintech arm of e-commerce giant Alibaba prepares to go public
- Placement on ‘Entity List’ has become tool of choice for the Trump administration to punish Chinese companies
An employee stands next to the logo of Ant Financial Services Group, Alibaba's financial affiliate, at its office in Hangzhou in January 2018. Photo: Reuters
