Speaker 1: Hey there, I'm ting and welcome to Beijing. Bites your
Speaker 1: go to source for the latest updates on the US
Speaker 1: China tech war. Let's dive right in. Over the past
Speaker 1: two weeks, we've seen some major developments that are heating
Speaker 1: up the tech rivalry between these two superpowers. First off,
Speaker 1: China's been making some bold moves. They've announced export controls
Speaker 1: on twenty eight US companies, including defense giants Lockheed Martin
Speaker 1: and Boeing Defense. This is a clear signal that Beijing
Speaker 1: is ready to fight fire with fire, especially with Donald
Speaker 1: Trump preparing to resume the presidency and promising tougher stances
Speaker 1: on China one. But that's not all. The Chinese Communist
Speaker 1: Party has also been ramping up its cyber attacks on
Speaker 1: US critical infrastructure. Just last month, they targeted the US
Speaker 1: Treasury Department, specifically the Office of Foreign Assets Control and
Speaker 1: the Office of the Treasury Secretary. These attacks are part
Speaker 1: of Beijing's hybrid tactics to undermine strategic competitors and gather
Speaker 1: sensitive intelligence. Meanwhile, the Biden administration has been tightening the
Speaker 1: screws on advanced chip exports to China. New rules issued
Speaker 1: on January fifteenth create three tiers of licensing requirements for
Speaker 1: advanced chips and associated software. This is a clear attempt
Speaker 1: to prevent China from accessing advanced AI technology, further straining
Speaker 1: the already tense US China geopolitical relationship. Now, let's talk
Speaker 1: about the implications. These moves are not just about trade,
Speaker 1: they're about national security and strategic positioning. China's been making
Speaker 1: significant strides in building its AI infrastructure, with over two
Speaker 1: hundred and fifty advanced data centers and computing facilities under construction.
Speaker 1: Analysts like Leon Jai from OMDIA believe that if China
Speaker 1: keeps this pace, the gap with the US will narrow further.
Speaker 1: But here's the thing. These cyber attacks and tech restrictions
Speaker 1: are not just about the US and China. They have
Speaker 1: glow implications. Taiwan, for instance, has been bearing the brunt
Speaker 1: of these attacks, with nearly two point four million cyber
Speaker 1: attacks daily in twenty twenty four. And let's not forget
Speaker 1: the close cooperation between China and Russia in online information
Speaker 1: operations and cyber operations. This is a complex landscape that's
Speaker 1: only going to get more complicated. So what's next. Well,
Speaker 1: with Trump's presidency on the horizon, we can expect more
Speaker 1: tit for tat trade policies and escalating tensions. The global
Speaker 1: economy is already grappling with inflationary pressures and energy and security,
Speaker 1: and a renewed trade war could exacerbate these challenges. It's
Speaker 1: a tech war that's not just about chips and AI,
Speaker 1: It's about geopolitical dominance. Stay tuned, folks. This is ting
Speaker 1: signing off from Beijing Bytes. Thanks for listening. Make sure
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