Speaker 1: Hey there, I'm ting and welcome to Beijing. Bites your
Speaker 1: go to source for the latest on the US China
Speaker 1: tech war. Let's dive right in, because the past two
Speaker 1: weeks have been a whirlwind. First off, cybersecurity incidents have
Speaker 1: been making headlines. The Chinese government backed hackers breached the
Speaker 1: US Treasury Department, specifically targeting the office that administers economic sanctions.
Speaker 1: Francesca Lockhart, the Cybersecurity Clinic program lead at the University
Speaker 1: of Texas at Austin, points out that while no classified
Speaker 1: material was breached, sensitive unclassified records were accessed. This isn't
Speaker 1: a surprise. China has a history of targeting top US
Speaker 1: officials to intercept sensitive communications and learn about sanctions. One
Speaker 1: but that's not all. The Salt Typhoon group, also linked
Speaker 1: to China, has breached nine US telecommunications providers, giving the
Speaker 1: Chinese government broad access to Americans data and the capability
Speaker 1: to geolocate millions of individuals. Deputy National Security Advisor for
Speaker 1: cyber Anne Neuburger calls it the most significant cyber espionage
Speaker 1: campaign in history, emphasizing the need for mandatory cyber security
Speaker 1: protocols and increased collaboration between government and private industry. Now,
Speaker 1: let's talk about new tech restrictions. China has announced export
Speaker 1: controls on twenty eight U S companies, including Lockheed Martin
Speaker 1: and Boeing Defense, signaling a tough start to twenty twenty five.
Speaker 1: This move is seen as a preemptive strike against the
Speaker 1: incoming Trump administration, which has promised a tougher stance on China,
Speaker 1: including blanket sixty percent tariffs on China made goods. For
Speaker 1: the implications are significant. The U S China trade war
Speaker 1: could escalate, dragging other nations into the fray and exacerbating
Speaker 1: global economic challenges. US investors in Chinese venture capital funds
Speaker 1: are racing to comply with new rules banning investments in
Speaker 1: companies developing AI and other advanced technologies used by the
Speaker 1: People's liber Duration Army p l A four. In the
Speaker 1: tech industry, companies like Apple and Microsoft are bracing for impact.
Speaker 1: The CCP is expected to restrict access to US consumer
Speaker 1: electronics within China's borders, a move that could threaten their
Speaker 1: market share. Apple currently holds a fifteen percent share of
Speaker 1: the Chinese smartphone market, but this could change under Trump's
Speaker 1: second term. So what's next? Experts predict a renewed escalation
Speaker 1: in trade tensions, with both nations locked in a tit
Speaker 1: for tat trade war. The Biden administration's focus on regulation
Speaker 1: and intelligence sharing may shift under Trump, who favors retribution.
Speaker 1: As David Sedney, former Deputy Assistant Secretary of Defense, puts it,
Speaker 1: things are going to get much worse before they get
Speaker 1: any better. That's all for now. Stay tuned for more
Speaker 1: updates on the US China tech war. It's ting signing off.
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