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Re: China Goes Protectionist

By: wilful in FFFT3 | Recommend this post (0)
Thu, 26 Feb 15 12:38 AM | 48 view(s)
Boardmark this board | Food For Further Thought 3 		Msg. 09512 of 65535
(This msg. is a reply to 09507 by killthecat)
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The "locals" in China have simply "knocked off" the Apple, Intel, Cisco,Citrix and dozens more products.

Sure - they are protecting their own.

And get this: At the recent CES in Vegas - a booth had "i-watches" displayed, and - Apple has not even released them yet! Of course, they were from China. Shocked




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The above is a reply to the following message:
China Goes Protectionist
By: killthecat in FFFT3
Thu, 26 Feb 15 12:15 AM 		Msg. 09507 of 65535

(Reuters) - 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.

Smartphone and PC maker Apple Inc (AAPL.O) has also been dropped over the period, along with Intel Corp's (INTC.O) security software firm McAfee and network and server software firm Citrix Systems (CTXS.O).

http://www.reuters.com/article/2015/02/25/us-china-tech-exclusive-idUSKBN0LT1B020150225

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