China's Digital Silk Road is making its mark on the global stage - Thailand Business News
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China's Digital Silk Road initiative aims to expand digital technologies in developing countries, challenging US tech dominance and raising security concerns over surveillance and data collection. China's emergence as the largest exporter of goods worldwide has impacted global trade dynamics. The Belt and Road Initiative (BRI) and Digital Silk Road (DSR) projects are part of China's strategy to challenge global markets and US technological hegemony. China's economic statecraft, including loans and investments, has allowed it to exert influence and advance its foreign policy objectives. The DSR focuses on digital infrastructure like 5G and AI. The US and Europe prefer secure but costly systems and have enacted policies to counter China's influence. Developing nations risk security by adopting Chinese tech due to low costs, despite concerns of data theft and surveillance. The DSR's emphasis on digital technologies raises global security concerns. The expansion of China's technological influence via the DSR has global implications, particularly in Africa and the Indo-Pacific. The US response includes semiconductor production initiatives to counter China's technological dominance.

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https://www.thailand-business-news.com/china/140106-chinas-digital-silk-road-taking-its-shot-at-the-global-stage