Security

US-China Trade War Continues To Polarize the Physical Security Market

The Physical Security industry has found itself on the frontline of the US-China trade ‘war’ and its involvement could have significant implications for its future and the future of the wider smart buildings and cities technology markets. “In recent years US-China geopolitical tensions within the physical security industry have escalated,” reports our latest security research. “Tensions between China and the US have seen a series of legislative moves, new sanctions, and tit-for-tat trade barriers erected that have hugely disrupted the flow of both physical security products and key product components critical to ongoing innovation between the two nations, as well as the ability of their respective manufacturers to trade in their respective markets.” In the US, 10 separate pieces of legislation that restrict the ability of Chinese physical security firms to operate in the US —spanning national security, cybersecurity, human rights, and copyright infringement— have been created since former-president Donald Trump triggered the current trade […]

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