US-China rivalry is heating up over critical digital infrastructure to and in Africa, according to a report in the South China Post, which noted a speech by US Secretary of State Antony Blinken in Pretoria last week that emphasized the importance of democracy and warned about “the consequences when international infrastructure deals are corrupt and coercive, when they’re poorly built or environmentally destructive, when they import or abuse workers, or burden countries with crushing debts”.
Blinken “warned the world about Chinese digital dominance and alleged espionage aims” and US spending $300 million on building data centres in Africa, plus $600 million on a 17,000km undersea cable that will run from Southeast Asia, through the Horn of Africa to Western Europe “in response to [the] Chinese-led transcontinental peace cable”, the report said.
Read the full report: The South China Morning Post.
The Chinese tech firm has also launched seven EV models in partnership with domestic automakers…
China’s largest private developer has already defaulted on $11 billion of offshore bonds amid a…
Experts say that if a sale of TikTok does go through, it would be one…
Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines,…
The popular video-sharing app’s owner will be told to sell its stake in nine months…
Investors were in optimistic mood on Wednesday as technology shares led the charge amid easing…