Trade war impact: Chinese startups ditch Oracle, IBM for home-made tech

China has long tried to replace foreign with homegrown technology, particularly in sensitive hardware -- it imports more semiconductors than oil

For years, companies like Oracle and International Business Machines invested heavily to build new markets in China for their industry-leading databases. Now, boosted in part by escalating US tensions, one Chinese upstart is stepping in, winning over tech giants, startups and financial institutions to its enterprise software.

Beijing-based PingCAP already counts more than 300 Chinese customers. Many, including food delivery giant Meituan, its bike-sharing service Mobike, video streaming site iQIYI Inc. and smartphone maker Xiaomi Corp. are migrating away from Oracle and IBM’s services toward PingCAP’s, encapsulating a nation’s resurgent desire to Buy China.

PingCAP’s ascendancy comes as the US