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. Over the past two weeks,
Speaker 1: we've seen some major developments that are heating up the
Speaker 1: tech competition between these two superpowers. First off, cybersecurity incidents
Speaker 1: are on the rise. Just yesterday, the US Treasury Department
Speaker 1: sanctioned Beijing based Integrity Technology Group, Incorporated for its role
Speaker 1: in multiple computer intrusion incidents against US victims. These incidents
Speaker 1: have been linked to flax Typhoon, a Chinese malicious state
Speaker 1: sponsored cybergroup that's been active since at least twenty twenty one,
Speaker 1: targeting organizations with the US critical infrastructure sectors. But that's
Speaker 1: not all. The Biden administration has been pushing for more
Speaker 1: mandatory cybersecurity protocols, especially after the recent breach of nine
Speaker 1: US telecommunications providers by the Salt Typhoon group, which has
Speaker 1: given the Chinese government broad access to Americans DA data.
Speaker 1: Outgoing FBI Director Christopher Ray called it the most significant
Speaker 1: cyber espionage campaign in history. Four Now, let's talk about
Speaker 1: new tech restrictions. The incoming Trump administration is expected to
Speaker 1: intensify the US's tough on China technology policy approach, expanding
Speaker 1: the scope of controlled technologies. This could create revenue risks
Speaker 1: for manufacturers exporting to China, especially in the semiconductor industry.
Speaker 1: Capstone analyst Ian Tang predicts that the Trump administration will
Speaker 1: implement stricter and more expansive controls, driving a harder line
Speaker 1: with allies on enforcement too. These policy changes are already
Speaker 1: having industry impacts. The Treasury Department's Outbound Investment Program, which
Speaker 1: went into effect on January second, twenty twenty five, restricts
Speaker 1: US capital investments in certain advanced technologies linked to China.
Speaker 1: This could affect firms like Semi c which have benefited
Speaker 1: from lax application of you export controls in the past.
Speaker 1: So what does this mean for both nations? While experts
Speaker 1: like David Sedney, former Deputy Assistant Secretary of Defense believe
Speaker 1: that things are going to get much worse before they
Speaker 1: get any better, the Chinese government is likely to restrict
Speaker 1: access to US consumer electronics, primarily smartphones, within China's border
Speaker 1: to reduce foreign technology dependents. This could threaten technology companies
Speaker 1: like Apple and Microsoft that are reliant on Chinese end markets.
Speaker 1: In conclusion, the US China tech war is heating up,
Speaker 1: with cybersecurity incidents on the rise, new tech restrictions in place,
Speaker 1: and policy changes that are having significant industry impacts. As
Speaker 1: we move forward, it's clear that both nations are taking
Speaker 1: a more aggressive stance, and it's anyone's guess what the
Speaker 1: future holds. Stay tuned for more updates on Beijing Bytes.
Speaker 1: Thanks for listening. Make sure you hit the subscribe button
Speaker 1: and never miss an update. This has been a quiet
Speaker 1: please part reduction. For more check out quiet Please dot
Speaker 1: ai