BEIJING (Reuters) – China has no plans to replace foreign technology, Chinese foreign ministry spokesman Zhao Lijian said on Thursday, in response to a media report which said China was accelerating efforts to replace U.S. technology.
Bloomberg reported on Nov. 16 https://www.bloomberg.com/news/articles/2021-11-16/secretive-chinese-committee-draws-up-list-to-replace-u-s-tech?utm_source=google&utm_medium=bd&cmpId=google&sref=2h1zKciy that China has empowered a government-backed organisation to vet and approve local suppliers in areas from cloud to semiconductors which are considered sensitive in an effort to expedite plans to replace American and foreign technology.
(Reporting by Lun Tian Yew; Writing by Brenda Goh; Editing by Muralikumar Anantharaman)
