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<v Speaker 1>Hey there, I'm ting and welcome to Beijing. Bites your

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<v Speaker 1>go to source for the latest on the US China

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<v Speaker 1>tech war. Let's dive right in, because the past two

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<v Speaker 1>weeks have been a whirlwind. First off, cybersecurity incidents have

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<v Speaker 1>been making headlines. The Chinese government backed hackers breached the

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<v Speaker 1>US Treasury Department, specifically targeting the office that administers economic sanctions.

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<v Speaker 1>Francesca Lockhart, the Cybersecurity Clinic program lead at the University

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<v Speaker 1>of Texas at Austin, points out that while no classified

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<v Speaker 1>material was breached, sensitive unclassified records were accessed. This isn't

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<v Speaker 1>a surprise. China has a history of targeting top US

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<v Speaker 1>officials to intercept sensitive communications and learn about sanctions. One

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<v Speaker 1>but that's not all. The Salt Typhoon group, also linked

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<v Speaker 1>to China, has breached nine US telecommunications providers, giving the

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<v Speaker 1>Chinese government broad access to Americans data and the capability

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<v Speaker 1>to geolocate millions of individuals. Deputy National Security Advisor for

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<v Speaker 1>cyber Anne Neuburger calls it the most significant cyber espionage

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<v Speaker 1>campaign in history, emphasizing the need for mandatory cyber security

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<v Speaker 1>protocols and increased collaboration between government and private industry. Now,

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<v Speaker 1>let's talk about new tech restrictions. China has announced export

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<v Speaker 1>controls on twenty eight U S companies, including Lockheed Martin

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<v Speaker 1>and Boeing Defense, signaling a tough start to twenty twenty five.

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<v Speaker 1>This move is seen as a preemptive strike against the

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<v Speaker 1>incoming Trump administration, which has promised a tougher stance on China,

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<v Speaker 1>including blanket sixty percent tariffs on China made goods. For

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<v Speaker 1>the implications are significant. The U S China trade war

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<v Speaker 1>could escalate, dragging other nations into the fray and exacerbating

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<v Speaker 1>global economic challenges. US investors in Chinese venture capital funds

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<v Speaker 1>are racing to comply with new rules banning investments in

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<v Speaker 1>companies developing AI and other advanced technologies used by the

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<v Speaker 1>People's liber Duration Army p l A four. In the

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<v Speaker 1>tech industry, companies like Apple and Microsoft are bracing for impact.

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<v Speaker 1>The CCP is expected to restrict access to US consumer

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<v Speaker 1>electronics within China's borders, a move that could threaten their

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<v Speaker 1>market share. Apple currently holds a fifteen percent share of

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<v Speaker 1>the Chinese smartphone market, but this could change under Trump's

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<v Speaker 1>second term. So what's next? Experts predict a renewed escalation

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<v Speaker 1>in trade tensions, with both nations locked in a tit

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<v Speaker 1>for tat trade war. The Biden administration's focus on regulation

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<v Speaker 1>and intelligence sharing may shift under Trump, who favors retribution.

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<v Speaker 1>As David Sedney, former Deputy Assistant Secretary of Defense, puts it,

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<v Speaker 1>things are going to get much worse before they get

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<v Speaker 1>any better. That's all for now. Stay tuned for more

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<v Speaker 1>updates on the US China tech war. It's ting signing off.

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<v Speaker 1>Thanks for listening. Make sure you hit the subscribe button

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