Growth in technology investment, competition, and China-US trade issues
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A number of developing countries are commercializing broadband services and offering private telecom dealers to implement devices; however, there are other issues related to it. One of the biggest points of the current day war and competition are emerging technologies.
The new world is about changing power in terms of technology, where the new markets are accelerating with the promotion of the liberalization of capital inflow encouraging global integration of human knowledge.
With the increasing weakness in the basic western politics and economy, the governments are losing confidence in the West. In the current situation, the military and economic powers of the world are more undermined and bewildered.
The Global Scope of Technologies
The mobile apps downloads is predictable to go beyond 280 billion in two years. Androids play had over 2 million apps in the last year, and the number is expected to escalate. The ad performance of mobiles is growing where the new buyers are placing orders on mobiles.
The use of 5G is increasing rapidly across Oceania, and faster connections and upgrades are getting integrated into public infrastructure and travelling devices. The reports of involvement and interactions with users show an increase of 55 per cent as compared to last year.
There are many other investments made in this sector where the Chinese companies will bring the IoTs - facial recognition cameras, driverless cars, and internet-linked refrigerators to Africa and the Middle East.
The US is using the traditional political strategies to force countries to choose between the US and China, but policymaking needs to change to handle issues related to technology loopholes, internet security, and privacy.
As per reports, more than 90 per cent of the top 50 brands in the US and 96 per cent of the top 50 brands in the UK have at least one functional app for their shops.
Global internet users, control and security issues
Desktops and mobile apps are increasing the user’s ability to access global information and identify the changes or growth on global platforms. A number of different types of controls have been implemented by the countries on the use of the internet to handle personal data or to protect the networks from cyberattacks, but these continue to pose difficulties.
The key technology suppliers of the world China and the US, are trying to gain higher control over the internet. The issues of risks and security related to technology and networking have increased the Sino-US trade issues.
Globally investors and traders are waiting to see a deal where China’s cutting edge technologies are entering the Third world markets, and it has become the largest supplier of technology and apps in some key areas.
In Egypt, it introduced financial technology – Fintect, where only 15 per cent of people have a bank account. This led to higher acceptability of China in the Middle East and Africa, where President Xi was invited to host the Arab League countries.
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