this post was submitted on 20 Feb 2024
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https://archive.is/20240220003112/https://www.bloomberg.com/news/articles/2024-02-19/china-vows-to-centralize-tech-development-under-communist-party
Archive of the full article.
This is rational from China's perspective. Divesting in the American technology pipeline not only weakens America's grip on the global economy but also positions China as the leader in global technology.
Also, we have more evidence of US putting back doors into technology than we do China. If you're living in the imperial core, it's far more likely that the US is monitoring your activities than China is.
If there's anything to retain concern for it's Chinese companies sharing data with the US gov. On the plus side, that will probably decrease as the US tries to isolate (read: undermine and create a cold war against) China.
Nothing makes that more clear than how quickly the US dropped their bullshit accusations of DikDok once it was under their control.