Japan to counter China’s submarine cable presence

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To counter a rapidly emerging Chinese presence in the submarine cable market, Japan intends to provide aid to companies exporting optical fiber submarine cables. | The_Japan_News asianewsnetwork AsiaNewsNetwork

In addition, the policies would take advantage of forms of indemnity provided by Nippon Export and Investment Insurance, which is fully funded by the Japanese government, to ensure Japanese companies are not reluctant to pursue exports due to worries about nonpayment by the partner country or other such trouble.

Ninety-nine percent of communications and data that travel around the world pass through submarine cables. Currently, there are about 400 submarine cables worldwide, with an estimated total length of more than 1.2 million kilometers, or enough to circle the Earth 30 times. These three companies have more than 90% of the submarine cable market, much more than the 3% held by a subsidiary of Huawei Technologies Co. of China.

 

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