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Market Impact: 0.25
US Backs New Pacific Cable as China Rivalry Reshapes Networks
Source: Bloomberg
Technology & InnovationGeopolitics & WarInfrastructure & DefenseTrade Policy & Supply Chain
The US Trade and Development Agency will fund a feasibility study for a trans-Pacific submarine cable connecting the US, Thailand and potentially five additional Southeast Asian countries. The initiative is aimed at expanding secure digital infrastructure and strengthening Washington's strategic connectivity presence in the region, though no funding amount or construction timeline was disclosed.
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