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China accelerates in tech race with US

From omfif.org

The digital silk road has helped over 6,000 Chinese internet enterprises and 10,000 technology products move into overseas markets since 2015. It focuses on improving internet infrastructure, deepening space co-operation and developing common technology standards among participating countries. 5G telecommunication, fibre-optic infrastructure, satellite services and smart city projects in Belt and Road countries have all benefitted. However, tensions with the US began to affect China’s technology sector in 2018. The US Bureau of Industry and Security called for public comments on sweeping export controls on a range of ... (full story)

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  • Category: Fundamental Analysis