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Essence - Editorial is demystifying the role of data in new global order. The shift of global power from the Atlantic to the Indo-Pacific raises strategic questions for India like Is the world divided because of an assertive China, Should India take sides or bide its time as a neutral contender to both China and the U.S.
China’s digital technology-led capitalism is moving fast to utilise the economic potential of data, pushing the recently launched e-yuan and shaking the dollar-based settlement for global trade. India’s goal is to become a $5-trillion economy by 2025.While the country is fast-tracking its digital rupee, the challenge is promoting engagement with major powers while retaining its data for innovation and competitive advantage.
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Link - https://www.thehindu.com/opinion/op-ed/data-and-a-new-global-order/article34379479.ece
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