Escalating US-China spying war is McKinsey’s loss and Huawei’s gain

“Equipment maker Huawei gave up on the US market after it was unable to convince the US government it was spying for Beijing, but still grew revenues 8.5% in 2013, as business in Europe and Asia grew.  The new rules come after Beijing forbid Chinese government offices from using Windows 8 last week and said they would vet imported IT equipment. Also last week, China’s Ministry of Finance proposed that foreign accounting firms be banned from working on mainland Chinese accounts without a local partner, a move that could be as much about protecting China’s domestic industry as it is spying concerns.”

http://qz.com/213398/the-escalating-us-china-spying-war-is-mckinseys-loss-and-huaweis-gain/

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