China makes moves against American companies

Workers prepare for the opening of an Apple store in Hangzhou, Zhejiang province, in this January 23, 2015 file photo. China has dropped some of the world’s leading technology brands from its approved state purchase lists, while approving thousands more locally made products. Chief casualty is U.S. network equipment maker Cisco Systems Inc, 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.

Not only has China surpassed America in being the leading Economic Superpower but It appears that now China has decided to shun American Companies as Reports indicate that 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. The Chief casualty of this move 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. Along with Cisco is Smartphone and PC maker Apple Inc (AAPL.O) which 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)! FULL REPORT