China reportedly considers stopping banks from using IBM servers

Gigaom

Yet another blow for U.S. technology companies selling into China: the government there is reviewing whether Chinese banks should stop using IBM(s ibm) servers due to security fears, Bloomberg reports. Looks like a fresh parry in the ongoing Sino-U.S. spat over Chinese hacking and American surveillance, though it would also boost local suppliers. Either way, it’s really bad news for IBM, which already saw Chinese sales fall 20 percent in the first quarter of this year, following Edward Snowden’s NSA revelations. Another recent tidbit from the dispute: the U.S. is considering blocking Chinese hackers from attending popular American security conferences, the Guardian reported on Saturday.

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