While China has always supported it own tech industry the country is going a step further by increasing legal pressure in an attempt to encourage companies to purchase their tech from domestic vendors. This new push to favor local tech vendors is due to concerns over potential NSA spying.
While China’s demand for electronics continues to soar, the tech services market may be shrinking for U.S. enterprise vendors. Security concerns over U.S. secret surveillance are giving the Chinese government and local companies more reason to trust domestic vendors, according to industry experts.
