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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 updates on the US

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<v Speaker 1>China tech war. Let's dive right in. Over the past

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<v Speaker 1>two weeks, we've seen some major developments that are heating

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<v Speaker 1>up the tech rivalry between these two superpowers. First off,

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<v Speaker 1>China's been making some bold moves. They've announced export controls

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<v Speaker 1>on twenty eight US companies, including defense giants Lockheed Martin

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<v Speaker 1>and Boeing Defense. This is a clear signal that Beijing

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<v Speaker 1>is ready to fight fire with fire, especially with Donald

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<v Speaker 1>Trump preparing to resume the presidency and promising tougher stances

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<v Speaker 1>on China one. But that's not all. The Chinese Communist

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<v Speaker 1>Party has also been ramping up its cyber attacks on

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<v Speaker 1>US critical infrastructure. Just last month, they targeted the US

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<v Speaker 1>Treasury Department, specifically the Office of Foreign Assets Control and

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<v Speaker 1>the Office of the Treasury Secretary. These attacks are part

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<v Speaker 1>of Beijing's hybrid tactics to undermine strategic competitors and gather

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<v Speaker 1>sensitive intelligence. Meanwhile, the Biden administration has been tightening the

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<v Speaker 1>screws on advanced chip exports to China. New rules issued

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<v Speaker 1>on January fifteenth create three tiers of licensing requirements for

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<v Speaker 1>advanced chips and associated software. This is a clear attempt

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<v Speaker 1>to prevent China from accessing advanced AI technology, further straining

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<v Speaker 1>the already tense US China geopolitical relationship. Now, let's talk

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<v Speaker 1>about the implications. These moves are not just about trade,

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<v Speaker 1>they're about national security and strategic positioning. China's been making

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<v Speaker 1>significant strides in building its AI infrastructure, with over two

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<v Speaker 1>hundred and fifty advanced data centers and computing facilities under construction.

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<v Speaker 1>Analysts like Leon Jai from OMDIA believe that if China

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<v Speaker 1>keeps this pace, the gap with the US will narrow further.

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<v Speaker 1>But here's the thing. These cyber attacks and tech restrictions

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<v Speaker 1>are not just about the US and China. They have

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<v Speaker 1>glow implications. Taiwan, for instance, has been bearing the brunt

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<v Speaker 1>of these attacks, with nearly two point four million cyber

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<v Speaker 1>attacks daily in twenty twenty four. And let's not forget

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<v Speaker 1>the close cooperation between China and Russia in online information

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<v Speaker 1>operations and cyber operations. This is a complex landscape that's

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<v Speaker 1>only going to get more complicated. So what's next. Well,

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<v Speaker 1>with Trump's presidency on the horizon, we can expect more

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<v Speaker 1>tit for tat trade policies and escalating tensions. The global

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<v Speaker 1>economy is already grappling with inflationary pressures and energy and security,

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<v Speaker 1>and a renewed trade war could exacerbate these challenges. It's

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<v Speaker 1>a tech war that's not just about chips and AI,

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<v Speaker 1>It's about geopolitical dominance. Stay tuned, folks. This is ting

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<v Speaker 1>signing off from Beijing Bytes. Thanks for listening. Make sure

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<v Speaker 1>you hit the subscribe button and never miss an update.

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