Beijing Orders Removal of Foreign Tech in State Offices, FT Says – Yahoo News
Excerpt:
(Bloomberg) — The Chinese government has ordered state offices and public institutions to remove foreign computer equipment and software within three years, the Financial Times reported.
The move is part of a broader effort to decrease China’s reliance on foreign technologies and boost its domestic industry. The goal is to substitute 30% of the technology next year, 50% in 2021 and 20% in 2022, the newspaper reported, citing estimates from analysts at the brokerage China Securities.
The government under President Xi Jinping has been trying for years to replace technologies from abroad,…
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