Escalating trade tensions between the U.S. and China appear to be increasingly focused on technology and 5G.
Late last year, former Google CEO Eric Schmidt predicted that there would be two distinct internets within the next decade: one led by the U.S. and the other by China.
The concept has been dubbed the "splinternet," and it refers to a future in which the internet is fragmented, governed by separate regulations and run by different services. "I think it will be difficult for the people to accept a confined internet — or confined anything — versus a global free internet," Carmine Di Sibio, CEO elect of EY, told CNBC on Thursday.
A pedestrian walks past a Huawei product stand at an EE telecommunications shop in central London on April 29, 2019.It is "too early to tell" whether the global internet could splinter into geopolitical camps, according to the incoming chief executive officer of management consultancy
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