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October 01, 2019
Digital silk road: How China is creating a new global data highway
Journalist Aarthi Swaminathan
China has a massive blueprint for boosting its economic growth, and part of the project is called the “Digital Silk Road.”
Not to be confused with the online darknet marketplace, China’s “Digital Silk Road” refers to a route that lies alongside the country’s big infrastructure push across continents — termed the Belt and Road Initiative (BRI) or the New Silk Road — deeply integrating it with the rest of the world.
Over the past few years, China has poured billions of dollars into developing its digital capabilities in various ways — from fostering homegrown talents like Alibaba and Tencent, to deepening its digital reach with other continents like Europe, ultimately hoping to “generate fresh economic growth, foster effective governance and control, and project global power,” according to a report by Berlin-based Mercator Institute for China Studies (MERICS).
Read the full article and more in Yahoo.