The Chinese Academy of Sciences (CAS) and US Internet of Things (IoT) firm, Sensity Systems Inc., last week announced an agreement under which the two organisations will form a new joint venture in China to focus on the development of smart city solutions for China and sales worldwide. On the surface the deal links a leading IoT platform for Smart Cities with a top academic institution in the world’s biggest smart city market. However, in the US, many are suggesting the technology will be used for more sinister purposes, while in China there is a fear that using a US vendor might create opportunities for espionage. Smart City, please meet International Politics! As manufacturers and governments worldwide seek solutions to combat climate change, China is focused on taking the global lead in the market for Smart City installations. China aims to reach a rate of 70% urbanisation by 2030. Meaning that 350 million people will […]
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