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October 26, 2023
China has stepped up spending to replace Western-made technology with domestic alternatives as Washington tightens curbs on high-tech exports to its rival, according to government tenders,...
October 26, 2023
BEIJING--China has stepped up spending to replace Western-made technology with domestic alternatives as Washington tightens curbs on high-tech exports to its rival, according to government tenders, research documents and four people familiar with the matter.
October 26, 2023
China is increasing its spending on domestic technology to replace Western-made products as the US tightens restrictions on high-tech exports. China has been focusing on replacing computer equipment, and the telecom and financial sectors are likely to be the next targets.