US replacement of Chinese IT equipment will cost billions of dollars more, analysts say

The US will need to pay tens of billions of dollars more to expand its ban on the use of Chinese IT equipment to reduce national security risks, analysts said on Thursday.

“There are often few alternatives to designated Chinese [information and communications technology and services] available at comparable prices,” Jack Corrigan, senior research analyst at Centre for Security and Emerging Technology of Georgetown University, told the US-China Economic and Security Review Commission (USCC) in Washington.