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IBM Shutters China Research Lab

By Shai Oster
· · Source: Week in China

IBM is closing its China lab, which was the first research and development center set up by a multinational when it opened in China 25 years ago. IBM follows in the footsteps of Oracle, which closed its China lab two years ago. The move comes amid worsening relations between the U.S. and China, which some have likened to a new Cold War, though investments into China continue at a torrid...

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