In April 1986，X，a Chinese Radio Component Factory signed a contract in Beijing withY，(a US company)for a capacitor production line worth 1 7 million Yuan．The equipment was to have been delivered before April 30，1 987．But it did not arrive even by Septembe Since Y is an absent defendant residing outside the Chinese territory。in view of the principle“the plaintiff follows the forum of the defendant”incorporated in Chinese proce．dure law，does the People’S Court have jurisdiction over such a case?Why?