Edward Snowden and China

foreign technology: Information security is vital to the interests of China and the interests of the Chinese people, Zhang proclaimed as a marketing video flashed images of former U.S. National Security Agency contractor Edward Snowden on large monitors, according to The Japan Times. Snowden disclosures in 2013 of U.S. cyberspying and security holes in American technology products have prompted China government to accelerate a broad campaign to replace foreign technology with Chinese-developed systems. Last November, the 49-year old entrepreneur, who has no technology background, strode into a Beijing ballroom to pitch his latest made-in-China product: SPGnux, a Linux-based operating system that he says could replace Microsoft Corp Windows. That has triggered a frenzy among state-affiliated software firms, investors and savvy businessmen — all hoping to capitalize on Silicon Valley waning grip over China $450 billion-a-year enterprise computing market. When Hongqi, a software company that developed China most successful operating system during the 2000s but has since struggled, put itself up for sale last year, bidders included a coal magnate, an aviation company and a food transport provider. Some of those who have entered the fray look better equipped to succeed than others. (news.financializer.com). As reported in the news.