While railway-development projects have contributed to overall economic growth overall in China, Nigel Cory, associate director at the Information Technology and Innovation Foundation, a US-based think tank, said that Chinese subsidies for industrial rail development have become more wasteful as the sector and its network have expanded, leading to a large build-up of debt.“This has become clearer in terms of industrial overcapacity and network development to markets (Chinese cities), whereby high-speed rail will likely never be profitable,” Cory said.
June 22, 2021
China’s slowing railway investment contributing to signs that economic growth is losing steam, analysts say
June 22, 2021
Nigel Cory, deputy director of the Trade Policy Department of the Information Technology and Innovation Foundation, said that China’s penal provisions in the Data Security Law based on national security and public interest are full of more risks and uncertainties for both Chinese and foreign companies. Because the Chinese government can quote and interpret relevant laws and regulations to intervene, this forces companies and enterprises to deal with more complex and difficult challenges in legal compliance.
June 22, 2021
A report from the Information Technology and Innovation Foundation found that almost a third of the most popular federal websites failed an automated web accessibility test for their homepages, and almost half failed the test on at least one of their three most popular pages. As government services increasingly shift online, these shortfalls suggest many agencies have more work to do to make their sites more accessible.
June 21, 2021
The Baltimore ordinance has been met with significant opposition by industry experts, particularly as the ordinance would be the first in the U.S. to criminalize private use of biometric technologies. In a joint letter, the Security Industry Association (SIA), the Consumer Technology Associations (CTA) and the Information Technology and Innovation Foundation (ITIF) and XR Association reject the enactment of the Baltimore ordinance on grounds that it is overly broad and prohibits commercial applications of facial recognition technology that already have widespread public acceptance and provide “beneficial and noncontroversial” services, including for example: increased and customized accessibility for disabled persons, healthcare facilities to verify patient identities while reducing the need for close-proximity interpersonal interactions, banks to enhance consumer security to verify purchases and ATM access, and many more. A similar concern was voiced by Councilmember Issac Schliefer who was one of the two votes opposing the ordinance.
June 18, 2021
Today, some in government and industry circles argue, the country is facing a different, but in some ways equally dire challenge to its security—technologically falling behind competing countries, particularly China. This week, a think tank has issued a report calling for the creation of a new cabinet-level federal agency dedicated to developing and implementing a national strategy for maintaining the edge in advanced industry and technology.
June 17, 2021
Rob Atkinson, the president of the Information Technology and Innovation Foundation, said the mismatch reminds him of the longtime subsidies Washington doled out to tobacco farmers even as it taxed cigarettes and funded anti-smoking campaigns.“These are very contradictory forces that are at work,” said Atkinson, adding that escalating antitrust efforts will put America’s major tech firms “into a defensive crouch ... when we want them in the ring fighting as hard as possible, because they’re going to be competing against China.”
June 16, 2021
A new bill would create a special committee at the U.S. International Trade Commission that would have the power to quickly block imports if they rely on trade secrets misappropriated by...
June 15, 2021
The Information Technology and Innovation Foundation (ITIF), whose board includes representatives from tech companies, issued a statement warning that a “populist approach to antitrust” would “cause lasting self-inflicted damage that benefits foreign, less meritorious rivals.”
June 14, 2021
Because the FCC doesn’t have authority over web companies, Congress would have to step in. “It’s a ticking time bomb, and only getting worse. But I don’t see Congress moving quickly on this,” said Doug Brake, director of broadband and spectrum policy at the Information Technology & Innovation Foundation, a nonprofit research outfit. “Really almost any proposed source of funding is going to be con
June 14, 2021
Policy experts also noted that the G-7 proposal would only work if all major economies agreed to implement the minimum tax into law."If one [country] is going to do this, you need to do it all together so that nobody gains an unfair advantage," said Robert Atkinson, president of ITIF, an independent, nonpartisan research group based in Washington, D.C.