information and communication technology

Dr. Jean-Marc F. Blanchard's picture

The Digital Silk Road, part III-A Scan of Effects Shows Mixed Signals

This blog is the last of three on China’s Digital Silk Road (DSR) initiative. The 1st gave an overview of the DSR while the 2nd probed some of DSR's features in terms of foreign direct investment (FDI) and contracting. This blog considers two potential political effects of the DSR, its effect on participant country relations with China and its effect on participant country political regimes and civil liberties. Regarding the former, there are concerns China’s DSR technologies will ensnare countries partaking of the DSR.

Dr. Jean-Marc F. Blanchard's picture

The Digital Silk Road, part I-Cloudy Networked World Calling

China’s Digital Silk Road (DSR), which is part of the larger Belt and Road Initiative (BRI), came into being in 2015 and accelerated after 2017. Broadly speaking, the DSR promotes connectivity in the information and communication technology (ICT) space and encompasses projects relating to artificial intelligence, cloud computing, fintech (e-payments), smart and safe cities, and telecommunications. It is not entirely clear how many countries are participating in the DSR, though it has been reported that 16 countries have signed DSR Memorandums of Understanding (MoUs) with China.

Dr. Jean-Marc F. Blanchard's picture

Dialing In or Head in the Clouds? China’s Prospective Opening of its ICT Sector

There are many sectors in China that are closed or highly-restricted as far as foreign direct investment (FDI) is concerned. Drivers of this include political nationalism, a desire to protect domestic firms, and concerns about economic independence.

MNCs in the News-2018-11-16

China’s Ministry of Commerce (MOFCOM) reported October inward foreign direct investment (FDI) flows reflected a 7.3 percent rise over the previous year. MOFCOM looks to aid Chinese private companies invest overseas albeit in an “orderly,” guided way. German officials are pressing their government to hang up on Chinese corporate participation in the country’s early 2019 5G spectrum auction. American Enterprise Institute report suggests Belt and Road Initiative investment by Chinese companies is losing steam. Tokyo reassures Japanese businesses of its opposition to any actions requiring Japanese companies to pay compensation to forced laborers, saying the matter was settled in 1965. Japan succeeds in getting member countries of the Asia-Pacific Economic Cooperation (APEC) forum to adopt new guidelines relating to the quality of infrastructure development and investment. Korean price rigging conspiracy at US military bases in Korea fuels massive USD $200 million in criminal and civil penalties. South Korean legislatures considers broadened value-added tax on global information and communication technology companies to create a level playing field for Korean firms.

Dr. Amitendu Palit's picture

Investments and Connectivity: Digital Capacity Matters

The Belt and Road Initiative (BRI) and upcoming regional connectivity plans like the Asia-Africa Growth Corridor (AAGC) should stimulate foreign direct investment (FDI) inflows in countries getting connected and developing new industrial and other capacities. These investments, among other factors, would be driven by local and national capacities to do business across cyberspace. Discussions on connectivity often overlook this vital element as they focus on land and sea links.