➀ IBM has decided to close its China R&D department, affecting over 1000 employees who face the choice of leaving or relocating to Bangalore, India. ➁ The decision is part of a broader trend of American tech companies scaling back their operations in China. ➂ The move is speculated to be influenced by the Indian CEO's management style and the Chinese government's 'de-Americanization' policy, which has led to a 19.6% decline in IBM's revenue in China.