China plans $500 million subsea internet cable to rival US-backed projecton April 6, 2023 at 3:26 pm

Reuters exclusively reported that state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project. The plan is a sign that an intensifying tech war between Beijing and Washington risks tearing the fabric of the internet. 

The post <strong>China plans $500 million subsea internet cable to rival US-backed project</strong> appeared first on Reuters News Agency.

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