WEBVTT

1
00:00:00.040 --> 00:00:02.560
<v Speaker 1>Hey there, I'm ting and welcome to Beijing. Bites your

2
00:00:02.560 --> 00:00:05.320
<v Speaker 1>go to source for the latest updates on the US

3
00:00:05.400 --> 00:00:10.759
<v Speaker 1>China tech war. Let's dive right in. Over the past

4
00:00:10.759 --> 00:00:13.560
<v Speaker 1>two weeks, we've seen some major developments that are heating

5
00:00:13.640 --> 00:00:17.160
<v Speaker 1>up the competition between these two tech giants. First off,

6
00:00:17.559 --> 00:00:21.640
<v Speaker 1>cybersecurity incidents have been making headlines. The White House recently

7
00:00:21.679 --> 00:00:24.600
<v Speaker 1>revealed that at least eight US telecomfirms were hit by

8
00:00:24.640 --> 00:00:28.800
<v Speaker 1>a Chinese hacking campaign, giving Beijing access to private texts

9
00:00:28.879 --> 00:00:33.600
<v Speaker 1>and phone conversations of an unknown number of Americans. Deputy

10
00:00:33.679 --> 00:00:37.280
<v Speaker 1>National Security Advisor Anne Neuberger shared that the hackers targeted

11
00:00:37.320 --> 00:00:41.640
<v Speaker 1>senior US government officials and prominent political figures, but thankfully

12
00:00:41.880 --> 00:00:47.600
<v Speaker 1>no classified communications were compromised. But that's not all. The

13
00:00:47.719 --> 00:00:52.640
<v Speaker 1>US Treasury also sanctioned a Chinese cybersecurity company, Sichuan Silence

14
00:00:52.679 --> 00:00:56.960
<v Speaker 1>Information Technology Company, and one of its employees, Guan Tianfeng,

15
00:00:57.439 --> 00:01:02.000
<v Speaker 1>for their roles in compromising tens of thousands of firewalls worldwide,

16
00:01:02.159 --> 00:01:07.480
<v Speaker 1>including many US critical infrastructure companies. Now, let's talk about

17
00:01:07.519 --> 00:01:11.959
<v Speaker 1>new tech restrictions. The Biden administration just announced significant export

18
00:01:12.000 --> 00:01:16.640
<v Speaker 1>controls on semiconductor equipment and technology destined for China. These

19
00:01:16.719 --> 00:01:20.599
<v Speaker 1>rules aim to limit China's ability to produce advanced semiconductors,

20
00:01:20.640 --> 00:01:24.480
<v Speaker 1>which the US believes pose a substantial risk to national security.

21
00:01:25.159 --> 00:01:28.719
<v Speaker 1>The restrictions are part of the administration's small yard high

22
00:01:28.719 --> 00:01:34.280
<v Speaker 1>Fence strategy, which target sensitive technologies while allowing economic relations

23
00:01:34.280 --> 00:01:39.640
<v Speaker 1>between US and Chinese entities. These policy changes have major

24
00:01:39.680 --> 00:01:43.200
<v Speaker 1>implications for the industry. The new export controls will make

25
00:01:43.239 --> 00:01:46.959
<v Speaker 1>it harder for China to develop advanced technologies, which could

26
00:01:47.000 --> 00:01:51.840
<v Speaker 1>slow down their military modernization and surveillance capabilities. But as

27
00:01:51.879 --> 00:01:55.079
<v Speaker 1>experts point out, there are loopholes in the control regime,

28
00:01:55.280 --> 00:01:59.200
<v Speaker 1>such as offshore manufacturing, that could allow China to circumvent

29
00:01:59.239 --> 00:02:03.480
<v Speaker 1>these restrictions. So what does this mean for the future

30
00:02:03.480 --> 00:02:07.359
<v Speaker 1>of US China tech competition? Experts predict that China will

31
00:02:07.359 --> 00:02:10.400
<v Speaker 1>continue to try to find ways to bypass these restrictions,

32
00:02:10.719 --> 00:02:13.439
<v Speaker 1>while the US will need to stay vigilant and adapt

33
00:02:13.439 --> 00:02:17.360
<v Speaker 1>its strategies to stay ahead. As Anne Neuberger said, we

34
00:02:17.479 --> 00:02:22.199
<v Speaker 1>need to apply a similar minimum cybersecurity practice to prevent

35
00:02:22.360 --> 00:02:26.800
<v Speaker 1>ongoing intrusions like the Salt typhoon hack. One. That's all

36
00:02:26.840 --> 00:02:29.680
<v Speaker 1>for now, folks, stay tuned for more updates on the

37
00:02:29.800 --> 00:02:33.599
<v Speaker 1>US China tech war, and remember, in the world of cybersecurity,

38
00:02:33.800 --> 00:02:36.800
<v Speaker 1>you're only as strong as your weakest link. This is

39
00:02:36.879 --> 00:02:40.439
<v Speaker 1>Ting signing off. Thanks for listening. Make sure you hit

40
00:02:40.439 --> 00:02:43.560
<v Speaker 1>the subscribe button and never miss an update. This has

41
00:02:43.599 --> 00:02:46.680
<v Speaker 1>been a quiet please production. For more check out Quiet

42
00:02:46.680 --> 00:02:47.800
<v Speaker 1>Please dot ai