Connect with us

Hi, what are you looking for?


China’s Economic Influence in the Global South

China and Global South
China's Economic Influence in the Global South (Photo: Financial Times)
China and Global South

China’s Economic Influence in the Global South (Photo: Asia Times)

How China’s Belt and Road Initiative and Digital Silk Road are Transforming Economies

China’s Economic Impact: The Belt and Road Initiative has greatly influenced Global South economies. Labor-intensive industries like textiles, apparel, toys, sporting goods, and footwear have moved to Vietnam, Indonesia, and Bangladesh under the plan. China’s $1.5 trillion lending to developing nations for exports and investments has also changed the global economy.

Beyond the Belt and Road Initiative, China’s Digital Silk Road has helped penetrate Global South digital ecosystems. China is creating regional political economies that suit its interests through AI and digital infrastructure projects. China’s influence on the Global South is evident in its tremendous impact on the digital world, which the West ignores.

A firsthand account of Huawei’s digital planning with several countries shows China’s tech efforts’ impact on the Global South. After touring Huawei’s Shenzhen headquarters, a Mexican envoy gave a detailed presentation on broadband’s economic transformation potential. This personalized strategy highlights China’s unique digital integration initiatives for varied countries.

READ ALSO: Unveiling The Core Driving Forces Of 2024: Insights From S Naren, ICICI Prudential AMC

China’s Comprehensive Strategy

China exports more to the Global South than other developed markets due to industry relocation and loans. Chinese IT giants like Huawei support the Digital Silk Road program, which details and customizes digital plans for over 100 countries. These achievements show a purposeful and expansive strategy for changing Global South’s digital and economic ecosystems.

China’s Belt and Road Initiative and Digital Silk Road involvement in Global South economies is unprecedented. China is changing regional economic dynamics with its complete strategy, from industry relocations to digital infrastructure development. In the ever-changing Global South economic arenas, players must understand and navigate this changing global terrain.

READ ALSO: Huawei Defies US Sanctions, Reports Impressive Sales Rebound In 2023

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


A convicted felon in California was arrested after he tortured and hostage two women and staged it as burglary. Convicted Felon Tortured and Kidnapped...


The application for the program, Rise Up Cambridge, in Massachusetts will begin on June 1 and will end on July 31 and qualified residents...


Police authorities arrested a man in Oklahoma after he was accused of raping and killing his 18-year-old graduate who was about to graduate from...

Us News

News from Springfield, Illinois is that a bill that would require public restrooms in Illinois to be available to both genders is coming under...