No need to bet on the intent. At least for software in financial services, starting from 2027 all Chinese companies are supposed to use 100% homegrown software. Any use of foreign-supplied software must be explicitly approved by the respective government body.
The mandated fraction of Chinese software vs. other software is already supposed to be >65%, and the floor is being raised every year.
The mandated fraction of Chinese software vs. other software is already supposed to be >65%, and the floor is being raised every year.