China rushes to swap Western tech with domestic options as U.S. cracks down

Reuters

October 26, 2023

BEIJING, Oct 26 (Reuters) – 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.

Reuters is reporting for the first time details of tenders from the government, military and state-linked entities, which show an acceleration in domestic substitution since last year.

Read more…