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Search Result for “Digital Economy”

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OPINION

How India could help in the transformation of Africa

News, Adam Minter, Published on 09/10/2018

» Over the last two decades, China has invested more than US$125 billion in Africa to build ports, highways, airports, railways and other infrastructure. Chinese President Xi Jinping says funds, to the tune of $60 billion, will continue to flow because "inadequate infrastructure is believed to be the biggest bottleneck to Africa's development".

OPINION

Why Uber's losing out to locals in Southeast Asia

News, Adam Minter, Published on 28/07/2017

» By any measure, the April 2016 decision by Uber Technologies Inc to sell its China operations to rival Didi Chuxing was a defeat. The brief but spectacular battle between the two ride-hailing behemoths had cost Uber at least $2 billion and earned it little more than the enmity of the Chinese government. The only silver lining seemed to be that Uber, free of an expensive price war, could focus its resources on other markets, including rapidly growing Southeast Asia.

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OPINION

China's cashless revolution is likely to spread afar

News, Adam Minter, Published on 20/07/2017

» On a recent trip to Shenzhen, in southern China, I came across a subway busker with two tip jars. The first was a cardboard box filled with coins and bills; the second was a small QR code taped to the box that allowed passersby to leave a tip by smartphone. On one level, this was simply smart business: Chinese made around $5.5 trillion in e-payment transactions last year. But it also offered a glimpse of the future.

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OPINION

Has China now raised the 'Great Firewall' too high?

News, Adam Minter, Published on 13/07/2017

» Will it be RIP for China's VPNs? On Monday, Bloomberg News reported that the Chinese government had ordered telecommunications providers to block access to individual virtual private networks by Feb 1. VPNs are popular and widely utilised services that allow internet users to bypass web restrictions. In effect, the new rules would block the most popular means for Chinese netizens to see beyond the so-called "Great Firewall".

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OPINION

China's Great Firewall yet another trade barrier

News, Adam Minter, Published on 28/03/2017

» The San Francisco-based photo-sharing site Pinterest would seem to rank low on the list of potential threats to China. Beloved by fashion designers, photographers, cooks and hobbyists, the seven-year-old website is a global hub for the sharing of images, trends and ideas on topics ranging from living-room design to what to cook at your Saturday barbecue.