An editorial in Tuesday’s Financial Times says China’s policy towards technology companies shows it knows how to tilt markets to its advantage – to the disadvantage of others.
Whereas national security once required controls on what technology could be exported, today it increasingly requires a critical look at what is imported. If the world converges to the standards China requires, computers everywhere risk being at the mercy of its willingness to refrain from cyberattacks. A recent infiltration of Google’s systems, allegedly with Beijing’s involvement, puts that willingness very much in doubt. Read more