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<v Speaker 1>US China tech war updates with ting Hey tech enthusiasts.

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<v Speaker 1>Ting here coming to you with the latest pulse check

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<v Speaker 1>on the increasingly complex US China tech tango. The past

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<v Speaker 1>two weeks have been absolutely wild in the digital battleground.

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<v Speaker 1>Let's dive right in. Just two days ago, on June tenth,

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<v Speaker 1>Washington and Beijing finally hammered out a new framework in

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<v Speaker 1>London to de escalate mounting trade tensions that nearly collapsed

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<v Speaker 1>bilateral trade last month. The May twelfth Geneva negotiations pulled

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<v Speaker 1>US back from the brink of what would have been

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<v Speaker 1>an unprecedented trade embargo. Both sides claimed victory, with Trump

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<v Speaker 1>securing rare earth exports from China while Beijing got verbal

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<v Speaker 1>commitments against decoupling. But make no mistake, this isn't your

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<v Speaker 1>parents trade war anymore. We've graduated to a full blown

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<v Speaker 1>technology conflict where semiconductor manufacturing, equipment, rare earth processing, and

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<v Speaker 1>software export controls are the new battlefields. China controls a

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<v Speaker 1>staggering eighty five percent of global rare earth processing capacity,

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<v Speaker 1>while the US leverages its choke hold on advanced chip

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<v Speaker 1>production equipment like a s m l's EUV lithography machines,

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<v Speaker 1>the casualties are mounting. On May twenty second, smartphone exports

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<v Speaker 1>crashed a jaw dropping seventy two percent, the steepest decline

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<v Speaker 1>since records began in twenty eleven. Meanwhile, on the cyber front,

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<v Speaker 1>a China linked espionage group has been busy targeting over

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<v Speaker 1>seventy organizations across multiple sectors between July twenty twenty four

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<v Speaker 1>and March twenty twenty five, including cybersecurity firm Sentinel One.

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<v Speaker 1>Adding to the digital chaos, two distinct mari botnets are

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<v Speaker 1>currently exploiting the Wazo server vulnerability cve E twenty E

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<v Speaker 1>twenty one six to launch distributed denial of service attacks

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<v Speaker 1>and infect IoT devices worldwide. What's becoming crystal clear is

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<v Speaker 1>that both nations are prioritizing technological sovereignty over short term

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<v Speaker 1>economic gains. Chinas one hundred and forty three billion dollars

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<v Speaker 1>semiconductor self Sufficiency Drive and America's fifty billion dollar Chips

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<v Speaker 1>Act tell the story. Beijing's strategy of retaliating, preparing its

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<v Speaker 1>population for a protracted struggle, and waiting for Washington to

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<v Speaker 1>seek an off ramp proved effective in recent negotiations. The

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<v Speaker 1>strategic chess match continues to evolve beyond tariffs to technological dominance.

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<v Speaker 1>Despite the recent de escalation, experts warn the truce remains fragile.

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<v Speaker 1>One thing is certain, Beijing views recent US actions as

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<v Speaker 1>vindication for its techno industrial and self reliance policies. As

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<v Speaker 1>we look ahead, expect continued volatility, especially around export controls

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<v Speaker 1>on emerging technologies. The future economic and geopolitical power balance

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<v Speaker 1>will ultimately be determined not by trade deficits, but by

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<v Speaker 1>who controls the critical technologies of tomorrow. This is ting

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<v Speaker 1>signing off until our next tech war update. Thanks for listening.

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<v Speaker 1>Make sure you hit the subst grib button and never

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<v Speaker 1>miss an update. This has been a quiet please production.

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