The Digital Silk Road: A growing priority for Beijing as its tech champions expand overseas | Merics
European companies face growing competition from China’s digital champions in the Global South. Europe should do more to engage in digital project development overseas and support the competitiveness of European players. Finally off the ground after an underwhelming start, the Global Gateway – the EU’s global infrastructure initiative – has started to deliver some results in that direction. But it will be important to sustain that momentum as China’s role in wiring the world and forging tech partnerships is only poised to intensify. In the Belt and Road Initiative’s (BRI) second decade, the focus is on smaller infrastructure projects involving new technologies, especially digital, that bring a good return on investment and promote Chinese firms overseas. The ‘Digital Silk Road’ (DSR), or the technology-focused leg of the BRI which exists alongside ports, rail, energy and roads, will therefore become more prominent, especially across the Global South. Not only are these key growth marke
The Digital Silk Road: A growing priority for Beijing as its tech champions expand overseas | Merics Skip to main content picture alliance / CFOTO The Digital Silk Road Beijing encourages favored champions to go abroad Consumer internet giants go overseas Outlook: China’s digital giants will keep internationalizing Global China Inc. Updates Download (pdf - 1.52 MB) Share this Article Tracker China Global Competition Tracker Mar 27, 2024 18 min read The Digital Silk Road: A growing priority for Beijing as its tech champions expand overseas No. 1, March 2024 The Digital Silk Road: A growing prio
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