China has dropped some of the world's leading technology brands from its approved state purchase list
China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance.
Others put the shift down to a protectionist impulse to shield China's domestic technology industry from competition.
Chief casualty is U.S. network equipment maker Cisco Systems Inc (CSCO.O), which in 2012 counted 60 products on the Central Government Procurement Center's (CGPC) list, but by late 2014 had none, a Reuters analysis of official data shows. (MTI)
Related news
Amazon hits back: responds to US tariff hike by canceling Chinese orders
A new chapter in the trade war in e-commerce –…
Read more >(HU) Dr. Matura Tamás: Előfordulhat, hogy az USA ledolgozza magát Kína szintjére
Sorry, this entry is only available in HU.
Read more >SHEIN invests $70m to empower supply chain partners by 2028
It also invested $7.5M in Southern China factory upgrades. SHEIN…
Read more >Related news
Müller UK & Ireland Agrees To Acquire Biotiful Gut Health
Müller UK & Ireland has agreed to acquire kefir brand…
Read more >Rossmann Introduces Modern Store Design in Germany
The Rossmann drugstore chain has launched a comprehensive store redesign…
Read more >Foodpanda automates ‘dark stores’ in Singapore to speed up deliveries
Its 24/7 warehouses ensure round-the-clock fulfilment. Foodpanda is automating its…
Read more >