Entries by Andrea Durkin

Will China’s Big Techs Overtake Silicon Valley?

Tencent and Alibaba are names you need to know. They are leaders among China’s five Big Tech firms. They are growing fast and starting to rival American giants Apple, Amazon, Alphabet, Microsoft, and Facebook. Whoever among these giants acquires the most consumer information on habits, preferences, spending patterns, and financial behaviors stands to win in our growing global digital economy.

Toward a Global Cashless Economy

At some point between the start of the Thanksgiving holiday and Cyber Monday, did you reach for your credit card or use another secure payment system like PayPal to make a purchase online? You’re in good company: 259 million Americans routinely buy online. Last year, internet sales in China on “Single’s Day” reached $25.3 billion — $6 billion more than what Americans purchased online over the entire Thanksgiving weekend. In the future, the whole world just might be cashless.

Facing Sanctions, Iran’s Oil Tankers Go Dark

On November 5, U.S. sanctions went into effect that target Iran’s energy, shipping, and banking sectors, including vessels and banks called out by name. Ahead of the November deadline, Iranian oil tankers moving supplies offshore went “dark” in unprecedented numbers, trying to cloak their movements.

The New Blueprint for U.S.-Backed Development Financing

The BUILD Act enjoyed bipartisan support in the Congress because it represents to many in the development policy community a smarter, more modern way to advance development objectives. The new development financing agency it creates will also provide an alternative to China’s aggressive financing of infrastructure projects in developing markets.

The Global Space Economy is Taking Off Like a Rocket

Until recently, the gains from commercial use of space manifested primarily in the growing use of satellites that enable precise navigational maps in your car and the dish on your roof to channel satellite television into your home. A new era is dawning in which private companies routinely launch payloads into space. We’re a long way off from having the framework of rules we might need here on Earth to accommodate the take off of the global space industry.

How Does China Cheat? The White House Counts the Ways

In its June 2018 report, the White House creates a taxonomy of ways the Chinese government acquires American technologies and intellectual property to aggrandize Chinese productive capabilities, stand on the shoulders of American innovation, siphon information from open and proprietary sources, and enlist Chinese nationals to accrue knowledge through research arms of universities and companies in the United States.

From the Bible to Chairman Mao’s Quotations: How Trade Agreements Can Promote Global Book Publishing

The popularity of American novels, textbooks, and scholarly works is driving efforts to translate and sell U.S.-published books in countries around the world. Digital publishing offers access to many more consumers beyond our borders. The main challenge to global expansion is the need to promote modern copyright regimes in the countries where publishers seek to sell more books