Speaker 1: Hey there, I'm Ting and welcome to Beijing Bites. Today
Speaker 1: we're diving into the latest updates on the US China
Speaker 1: tech war. It's been a wild couple of weeks, so
Speaker 1: let's get straight to it. First off, cybersecurity incidents have
Speaker 1: been making headlines. The US Treasury Department just sanctioned Sichuan's
Speaker 1: Silence Information Technology Company and one of its employees, Guantianfeng,
Speaker 1: for their role in compromising tens of thousands of firewalls worldwide,
Speaker 1: including those of US critical infrastructure companies. This is a
Speaker 1: big deal, folks, and it highlights the persistent threat of
Speaker 1: Chinese cyber actors to US national security. But that's not all.
Speaker 1: The Biden administration has also been busy announcing new tech restrictions.
Speaker 1: On December second, the Department of Commerce's Bureau of Industry
Speaker 1: and Security introduced a package of rules aimed at limiting
Speaker 1: China's ability to produce advanced semiconductors. This is part of
Speaker 1: the administration's small yard high fence strategy, which seeks to
Speaker 1: place tough restrictions on sensitive technologies while allowing economic relations
Speaker 1: between US and Chinese entities to continue. Now, you might
Speaker 1: be wondering what this means for industry. While it's already
Speaker 1: having an impact, Chinese chip equipment maker Advanced Microfabrication Equipment,
Speaker 1: or AMC, was recently removed from the US Department of
Speaker 1: Defence's blacklist of companies with alleged ties to China's military.
Speaker 1: This is a significant development as it allows MS to
Speaker 1: do business with American firms once again. But what about
Speaker 1: the strategic implications of all this. Experts say that the
Speaker 1: US China tech war is only going to intensify in
Speaker 1: the coming years. The Biden administration's new restrictions are just
Speaker 1: the latest salvo in a broader effort to limit China's
Speaker 1: technological advancements, and with the Trump transition under way, it's
Speaker 1: unclear what the future holds for U S. China relations.
Speaker 1: One thing is certain, though, The US and China are
Speaker 1: engaged in a high stakes game of technological one upmanship,
Speaker 1: and as we move forward, it's going to be crucial
Speaker 1: to stay on top of the latest developments. That's all
Speaker 1: for today, folks. Thanks for tuning into Beijing Bites. I'm
Speaker 1: ting and I'll catch you in the next episode. Thanks
Speaker 1: for listening. Make sure you hit the subscribe button and
Speaker 1: never miss An update. This has been a quiet please production.
Speaker 1: For more check out Quiet please dot ai