April 13, 2021
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China’s Digital Silk Road (DSR) was launched in 2015 as a component of Beijing’s vast vision for global connectivity, the Belt and Road Initiative (BRI). Like the BRI, the DSR is not monolithic and involves many actors at all levels across the Chinese public and private sectors. It is amorphous and the line between official and unofficial DSR projects is often blurry. Comprehensive data on DSR investments is difficult to come by. According to one estimate, by 2018, DSR-related investments in digital infrastructure projects outside of China had reached $79 billion.
The DSR aims to improve digital connectivity in participating countries, with China as the main driver of the process. On the macro level, the DSR is about the development and interoperability of critical digital infrastructure such as terrestrial and submarine data cables, 5G cellular networks, data storage centers, and global satellite navigation systems. In one of the most recent move
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Goods trade growing in China only
Li Qiaoyi Published: Jan 14, 2021 09:50 PM Updated: Jan 14, 2021 10:50 PM
Workers operate industrial robotic arms in an auto parts factory in Taicang, East China s Jiangsu Province on Thursday. The auto parts sector has experienced fast growth in the city, as the number of auto parts companies reached more than 100 in recent years. Photo: IC
With China s exports in full swing, and helping mend the coronavirus-fractured global supply chains despite intermittent threats and hostile moves from the US and Australia, the country s exports have proven to be a tower of strength for its economy with a full-year gain of 3.6 percent in 2020.