A new form of power projection from China via technology and e-commerce has drove innovation and success for economies throughout the world in the last several years. Controversial issues aside, China’s aggression in her campaign of foreign direct investment (FDI) in various developing nations around the world can be said to have spawned from its expansive Belt and Road Initiative (BRI). With the Chinese FDI focusing on developing infrastructure in foreign countries, Beijing has concerns over control of various lateral and horizontal enterprises involved in the BRI.
The solution, or not? Digital free trade zones. A relatively new concept in the startup ecosystem, China and Malaysia are looking at becoming digital trade partners, with Malaysia being the first example of a true digital free trade zone…