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Having witnessed a surge in Chinese imports data despite an on-going tussle with the United States (US), Beijing seems to sound strong at the phase-one negotiation table. The Financial Times (FT) recently ran a story highlighting the fact that the Chinese Administration orders all government offices and public institutions to remove foreign personal computer (PC) equipment and software within three years. Key quotes China’s administration has ordered all government offices and public institutions to remove foreign computer equipment and software within three years. Targets Chinese buyers to switch to domestic technology vendors. FX implications Amid the initial trading hours during…

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