It is plausible, but growth has been slowing across many sectors in China:
<a href="http://blogs.marketwatch.com/thetell/2013/10/16/economists-see-china-economy-slowing-this-quarter/" rel="nofollow">http://blogs.marketwatch.com/thetell/2013/10/16/economists-s...</a><p>Until I see a sales chart from IBM that drops significantly in June I think this sort of talk is pure speculation.
Seems like exactly the same action the US took with Chinese electronics - <a href="http://www.techspot.com/news/46494-china-could-be-leveraging-electronic-exports-to-spy-on-the-us.html" rel="nofollow">http://www.techspot.com/news/46494-china-could-be-leveraging...</a>