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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 on the US China

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<v Speaker 1>tech war. Let's dive right in, because the past two

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<v Speaker 1>weeks have been anything but dull. First off, China kicked

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<v Speaker 1>off twenty twenty five by slapping export controls on twenty

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<v Speaker 1>eight US companies, including Lockheed Martin and Boeing Defense. This

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<v Speaker 1>move is a clear signal that Beijing is ready to

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<v Speaker 1>retaliate against what it sees as US provocations, especially with

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<v Speaker 1>Donald Trump gearing up to resume the presidency and promising

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<v Speaker 1>tougher stances on China. But that's not all. The US

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<v Speaker 1>Treasury Department has been busy too, imposing sanctions on a

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<v Speaker 1>Chinese cybersecurity firm and a Shanghai based cyber actor named

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<v Speaker 1>Yin Qichang. This comes after a major hack involving three

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<v Speaker 1>thousand stolen files from the Treasury and telecom breaches attributed

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<v Speaker 1>to the Salt Typhoon Group, which is linked to China's

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<v Speaker 1>Ministry of State Security. Five. Now, let's talk about the

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<v Speaker 1>new tech restrictions. The Biden administration, in its final days,

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<v Speaker 1>enacted export limits on AI chips to China, which could

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<v Speaker 1>drive data center construction to US allies and force China

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<v Speaker 1>to boost its own AI capabilities. This move is seen

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<v Speaker 1>as a form of economic warfare, with experts like Oliver

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<v Speaker 1>Blanchard from the Futuream Group noting that it's a dangerous

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<v Speaker 1>tension between trading with China and treating it as a rival.

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<v Speaker 1>For Nvidia, a major player in the AI chip market,

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<v Speaker 1>has strongly criticized these export controls, saying they threatened to

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<v Speaker 1>derail innovation and economic growth worldwide. The company argues that

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<v Speaker 1>the rules would control technology that's already widely available and

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<v Speaker 1>would only weaken America's global competitiveness. Looking ahead, these developments

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<v Speaker 1>suggest a deepening tech war between the US and China.

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<v Speaker 1>The restrictions could lead to a surge in demand for

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<v Speaker 1>data centers and AI talent in exempt countries, driving up

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<v Speaker 1>the cost of AI in the US and NAS and

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<v Speaker 1>its allies. Experts predict that China will pump up its

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<v Speaker 1>own AI capabilities, potentially reducing USAI leadership. In summary, the

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<v Speaker 1>past two weeks have seen significant escalations in the US

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<v Speaker 1>China tech war, with both sides imposing new restrictions and sanctions.

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<v Speaker 1>The strategic implications are profound, with the global AI market

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<v Speaker 1>set to become a battleground for economic and technological dominance.

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<v Speaker 1>Stay tuned for more updates from Beijing Bytes. That's all

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<v Speaker 1>for now, Thanks for listening. Make sure you hit the

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<v Speaker 1>subscribe button and never miss an update. This has been

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