Speaker 1: Big week on the Beijing bites, So plug in listeners,
Speaker 1: because the US China tech war has truly entered beast mode.
Speaker 1: Let's start with the bombshell. Over eight million Americans had
Speaker 1: their data leaked thanks to the Salt Typhoon cyber attack.
Speaker 1: Yes you heard that right. According to web pro News,
Speaker 1: Chinese state sponsored hackers apparently waltzed into US telecom networks,
Speaker 1: scooping up call records, personal messages, and geolocations, including those
Speaker 1: of political heavy hitters. The attackers used zero day exploits
Speaker 1: to dodge detection for months, turning outdated telecom systems into
Speaker 1: Swiss cheese. The result not just privacy nightmares, but real
Speaker 1: headaches for national security. Think National Guard files and deployment
Speaker 1: plans in hostile hands. SISA and the FBI have gone
Speaker 1: into overdrive, pushing AI powered threat detection and organizing incident
Speaker 1: response like its Defcon one. In the midst of this chaos,
Speaker 1: President Biden's executive Order fourteen thousand, one hundred dred and
Speaker 1: five is still the elephant tap dancing through the chip factory.
Speaker 1: No more US cash for Chinese semis AI or quantum ventures.
Speaker 1: The Treasury didn't just ban direct investments. They've clamped down
Speaker 1: on debt, joint ventures and even those sneaky indirect deals.
Speaker 1: Over fifty Chinese tech firms, including Integrity Technology Group, have
Speaker 1: been blacklisted over links to cyber attacks and military ops.
Speaker 1: The net effect, Chinese firms are scrambling, especially in semiconductors
Speaker 1: and AI. They can't get US equipment, and AI's start
Speaker 1: ups are being ghosted by Western investors. Sectors like autonomous
Speaker 1: vehicles and drones are taking a direct hit, and the
Speaker 1: tech top the vestiture drama remained stuck in political limbo,
Speaker 1: but plot twest while China's exports to the US created
Speaker 1: by a mind melting seventy percent in August, Goldman Sax
Speaker 1: points out China is still humming along, shipping tech to
Speaker 1: Europe and emerging markets. Asian neighbors like Taiwan and Vietnam
Speaker 1: have filled the US gap, with Taiwan's exports, mostly advanced
Speaker 1: chips and server parts, soaring thirty percent. Meanwhile, Huawe just
Speaker 1: pulled a Houdini bypassing in Nvidia's chips with its own
Speaker 1: breakthrough for AI, while ten Cent and Ali Baba are
Speaker 1: betting big on home GROMEI processes as China tries to
Speaker 1: shake itself free from foreign tech dependencies. Then, on the
Speaker 1: home front, Beijing fired back by launching an anti monopoly
Speaker 1: probe into Nvidia Or. While Chinese agencies fast tracked new rules,
Speaker 1: the Cyberspace Administration of China unveiled a strict cybersecurity incident
Speaker 1: reporting mandate to kick in by November, standardizing how companies
Speaker 1: must confess breaches or face steep penalties. Analysts say these
Speaker 1: salvos signal of full court decoupling. The US piles on
Speaker 1: security rules like the Protecting America's Data from Foreign Adversaries
Speaker 1: Act forbidding sensitive info from going east, while Chinese regulators
Speaker 1: titan data localization and reporting. Meanwhile, US cybersecurity firms are
Speaker 1: popping champagne booz Allen Hamilton just landed a four hundred
Speaker 1: twenty one million dollars gig with Ceissa, and new government
Speaker 1: tech contracts are in the billions. Strategic implications, the supply
Speaker 1: chain shuffle is permanent. US investors are fleeing China facing tech,
Speaker 1: flocking instead to secure software, supply chain risk mitigation and
Speaker 1: any start up with quantum resistant in its pitch deck.
Speaker 1: Experts from South China Morning Post worn about retaliatory anti
Speaker 1: dumping probes and tech substitution. But as long as the
Speaker 1: cyber on slots keep hitting, lawmakers on both sides are
Speaker 1: unlikely to blink. Looking forward, think tighter rules, faster retaliation,
Speaker 1: and a boom for quantum and AI security. Every day
Speaker 1: were inching closer to a world where the wires between
Speaker 1: Saken Valley and Junguan Cun might as well run through
Speaker 1: a firewall. Thanks for tuning in to beaiging bites. Subscribe
Speaker 1: for the latest pulse of the tech war and keep
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