, Columnist
With Ant Move, the U.S. Is Just Barking at the Moon
Washington’s hard-liners are starting to look desperate as they uncover China threats that don’t really exist.
Feeling threatened?
Photographer: Wang Qiming/VCG/Getty
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So now payments platforms from China’s Ant Group and Tencent Holdings Ltd. pose a threat to U.S. national security, joining the growing list that already includes Semiconductor Manufacturing International Corp. and Huawei Technologies Co.
U.S. officials are apparently concerned that they’ll come to dominate global digital payments, Bloomberg News reported, citing officials it didn’t name. This threat is so serious, in their eyes, that it was even discussed at a meeting in the White House Situation Room, according to the report.