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Showing posts from February 6, 2019

US and allies urged to increase digital investments in Asia to counter China’s Belt and Road tech projects

Panel says Belt and Road tech projects have raised cybersecurity questionsAnalyst says China ‘will dominate the region’ if US and its allies fail to offer alternative Wendy Wu UPDATED : Thursday, 7 Feb 2019, 9:27AM  15 The United States and its allies should strengthen their investments in Asia’s digital economy to counter China’s increasing presence in the region, experts from the US and Japan have said. The comments, made during a discussion titled “China’s Digital Silk Road” at the Centre for Strategic and International Studies in Washington on Tuesday, were the latest sign of the growing vigilance against China’s overseas technology investments. In 2015, China outlined the digital dimensions in its Belt and Road Initiative (BRI), Chinese President Xi Jinping’s signature programme to create economic ties with nations in Asia, Europe and Africa. ADVERTISING inRead invented by Teads In addition to the building of infrastructure and energy projects along inland and marine tra

China runs into Belt and Road barriers in South Asia

Illustration by Eric Chow ASIA INSIGHT Countries try to slow Beijing's advance without provoking hostility MARWAAN MACAN-MARKAR, Asia regional correspondentFEBRUARY 05, 2019 16:12 JST COLOMBO -- For about three months, confidants of Maldivian President Ibrahim Solih have been holed up in an oceanfront building in Male, sifting through mountains of documents to answer an urgent question: How much money, exactly, does the region's smallest country owe China? After years of pushing into South Asia with multibillion-dollar Belt and Road infrastructure projects, China is encountering real pushback. Larger nations, too, are having second thoughts and signaling to Beijing that it will no longer be business as usual. In the Maldives, the uncertainty over the obligations stems from a frosty exchange between Chinese Ambassador Zhang Lizhong and Mohamed Nasheed, a former president and now an adviser to Solih. It reportedly happened a few weeks before Solih's inauguration in Nov