A slide in IBM Corp’s (IBM.N) sales in China amid a broad backlash against claims of U.S. government spying has triggered a rare visit to Beijing by Chief Executive Officer Ginni Rometty.
The head of the world’s biggest technology services company arrives in China’s capital on Wednesday for three days of meetings with government leaders, according to people familiar with her visit. The visit comes as U.S. firms like IBM and Cisco Systems Inc (CSCO.O) seek to restore trust with Chinese regulators and reverse slumping sales.
Beijing has encouraged state-owned companies to buy China-branded products since last year’s revelations by former National Security Agency contractor Edward Snowden of spying. That has undercut business at some U.S.-based multinationals operating in the world’s second-biggest economy.
via IBM’s CEO visits China for trust-building talks with govt leaders: sources | Reuters.
CHINDIA ALERT: You'll be living in their world, very soon 