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<v Speaker 1>Welcome back to Beijing. Bites, I'm ting your digital rakintere

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<v Speaker 1>and self confessed cyber addict here to zap you through

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<v Speaker 1>the sparks and subroutines of the U S China Tech

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<v Speaker 1>wars past two weeks, all from my bunker of screens

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<v Speaker 1>and caffeine in Beijing. Buckle your seat belts, let's bite

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<v Speaker 1>right in first cyber security. The US Justice Department just

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<v Speaker 1>unveiled indictments against two Chinese hackers, Shu Zewei and Jiang Yu,

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<v Speaker 1>who allegedly worked with Shanghai Power Rock Network and Shanghai

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<v Speaker 1>Fire Tech, all under the cozy wing of the Shanghai

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<v Speaker 1>State Security Bureau. Sentinel One's latest report breaks down how

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<v Speaker 1>these firms developed intrusive cyber tools like remote cell phone

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<v Speaker 1>evidence collection, hinting that China's Ministry of State Security is

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<v Speaker 1>now running a cyber contractor ecosystem so intricate that even

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<v Speaker 1>their own propaganda campaigns synchronized with cyber threat reports. US

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<v Speaker 1>agencies aren't taking this lightly indictments, sanctions, and a law

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<v Speaker 1>of public cyber rattling, but this silk typhoon of state

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<v Speaker 1>back tacking just keeps evolving. Attribution has become a cat

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<v Speaker 1>and mouse game. Tools bounce between government offices faster than

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<v Speaker 1>you can say VPN. Meanwhile, on the home front, the

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<v Speaker 1>US is exposing its own under belly. The Trump administrations

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<v Speaker 1>sweeping layoffs driven by the Department of Government efficiency have

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<v Speaker 1>left the federal cyber workforce gutted. Experts like Michael Daniel,

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<v Speaker 1>former White House cybers, are are warning that the US

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<v Speaker 1>digital shield is now full of holes, just as China,

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<v Speaker 1>Russia and every black hat with a brudge are looking

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<v Speaker 1>for a way in state governments, says Tara Wheeler from

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<v Speaker 1>the Council on Foreign Relations, just don't have the muscle

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<v Speaker 1>to patch these gaping vulnerabilities. Trade policies next the summer's

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<v Speaker 1>main event. Trump extended the US China trade truce, now

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<v Speaker 1>set to expire August twelfth. Tariffs ap paused at thirty

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<v Speaker 1>percent for US and ten percent on China side. A

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<v Speaker 1>sliver of stability. AI chip makers like Nvidia are dancing

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<v Speaker 1>on this fragile wire following the July decision to reallow

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<v Speaker 1>certain AI chip exports to China. In Nvidia's CEO, Jensen Wine,

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<v Speaker 1>wasted no time dropping hints about China. Only RTX pro

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<v Speaker 1>GPUs designed to slip through export restrictions while sidestepping Huawei's

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<v Speaker 1>Ascend series. According to Bloomberg, Chinese companies are pouncing with

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<v Speaker 1>Beijing's more favorable rules, fueling ambitions to challenge US dominance

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<v Speaker 1>in the four dollars and eight cents global AI market.

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<v Speaker 1>Behind the curtain, Washington's approach is shifting rather than blanket bands.

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<v Speaker 1>Officials like Commerce Secretary Howard Lutnik talk of making Chinese

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<v Speaker 1>developers addicted to US technology Hello dependency management. Meanwhile, TSMC,

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<v Speaker 1>as always is stuck in the cl BO can cross fire,

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<v Speaker 1>its fabs and licensing drama, still making global markets nervous.

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<v Speaker 1>Investors everywhere are recalibrating portfolios in this ninety day window. China,

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<v Speaker 1>for its part, is doubling down on AI's strategy, accusing

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<v Speaker 1>Washington at the World Economic Forum of weaponizing trade to

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<v Speaker 1>suppress Chinese innovation, and Beijing's recent AI action plan suggests

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<v Speaker 1>the rivalry is only heating up. As for what to expect,

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<v Speaker 1>unless policymakers on both sides find reasons to pull back,

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<v Speaker 1>We're heading for deeper digital segmentation, each side nurturing walled

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<v Speaker 1>gardens of tech standards and alliances others, including Europe, are

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<v Speaker 1>anxiously watching, trying neither to freeze nor fry in this

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<v Speaker 1>power circuit. Thanks for tuning in to Beijing bites, where

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<v Speaker 1>the only thing more dynamic than the news is the firewall.

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<v Speaker 1>Don't forget to subscribe for your next bite. This has

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