International Business Machines (IBM) plans to shut down its research and development division in China, impacting over 1,000 employees. This comes as China’s economic slowdown gathers pace and US companies are increasingly exiting the world’s second-largest economy, opting for ‘friend-shoring’ or ‘reshoring’ to secure supply chains amid vast uncertainty with deteriorating Sino-US relations.

Yicai explained that the IBM China Development Lab and IBM China System Lab would be wound down, and over 1,000 employees would be cut.

https://www.zerohedge.com/technology/ibm-nukes-rd-division-china-affecting-1000-jobs-report-says

 

OR  perhaps 1000 highly trained, highly paid hi-tech specialists that understand IBM US technology inside & out were just handed to the CCP with war on the horizon……..?!?!?!