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US Stays Ahead on The Internet of Things

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The US aims to stay ahead in the digital economy, or Internet of Things, as that relates to the financial services industry, according to Stefan Selig, US Under Secretary of Commerce – with the strategy forming part of the US government’s trade pivot to Asia. Following a seminar at the Asian Financial Forum, Mr Selig says the important category of “digital capital” is constantly changing, portable, global and evolving quickly. So it is critical to stay ahead in this sector: by 2030 some two trillion Asians will join the middle class, representing significant trade opportunities for the US. As part of that approach he says Hong Kong is highly significant, as the ninth largest export partner of the US
Speaker: Stefan Selig, US Under Secretary of Commerce
Asian Financial Forum:
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