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, because the past two
Speaker 1: weeks have been anything but dull. First off, China kicked
Speaker 1: off twenty twenty five by slapping export controls on twenty
Speaker 1: eight US companies, including Lockheed Martin and Boeing Defense. This
Speaker 1: move is a clear signal that Beijing is ready to
Speaker 1: retaliate against what it sees as US provocations, especially with
Speaker 1: Donald Trump gearing up to resume the presidency and promising
Speaker 1: tougher stances on China. But that's not all. The US
Speaker 1: Treasury Department has been busy too, imposing sanctions on a
Speaker 1: Chinese cybersecurity firm and a Shanghai based cyber actor named
Speaker 1: Yin Qichang. This comes after a major hack involving three
Speaker 1: thousand stolen files from the Treasury and telecom breaches attributed
Speaker 1: to the Salt Typhoon Group, which is linked to China's
Speaker 1: Ministry of State Security. Five. Now, let's talk about the
Speaker 1: new tech restrictions. The Biden administration, in its final days,
Speaker 1: enacted export limits on AI chips to China, which could
Speaker 1: drive data center construction to US allies and force China
Speaker 1: to boost its own AI capabilities. This move is seen
Speaker 1: as a form of economic warfare, with experts like Oliver
Speaker 1: Blanchard from the Futuream Group noting that it's a dangerous
Speaker 1: tension between trading with China and treating it as a rival.
Speaker 1: For Nvidia, a major player in the AI chip market,
Speaker 1: has strongly criticized these export controls, saying they threatened to
Speaker 1: derail innovation and economic growth worldwide. The company argues that
Speaker 1: the rules would control technology that's already widely available and
Speaker 1: would only weaken America's global competitiveness. Looking ahead, these developments
Speaker 1: suggest a deepening tech war between the US and China.
Speaker 1: The restrictions could lead to a surge in demand for
Speaker 1: data centers and AI talent in exempt countries, driving up
Speaker 1: the cost of AI in the US and NAS and
Speaker 1: its allies. Experts predict that China will pump up its
Speaker 1: own AI capabilities, potentially reducing USAI leadership. In summary, the
Speaker 1: past two weeks have seen significant escalations in the US
Speaker 1: China tech war, with both sides imposing new restrictions and sanctions.
Speaker 1: The strategic implications are profound, with the global AI market
Speaker 1: set to become a battleground for economic and technological dominance.
Speaker 1: Stay tuned for more updates from Beijing Bytes. That's all
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