Speaker 1: Listeners, it's ting here with your daily download from Beijing
Speaker 1: bites us China tech war updates. We've had a wild fortnight,
Speaker 1: so let's skip the small talk and jack straight in.
Speaker 1: If you thought the cyberfront was simmering, think again. Former
Speaker 1: NSA chief Jen tim Howe has been all over sixty
Speaker 1: minutes warning that China is hacking not just American industry
Speaker 1: or the Pentagon, but critical infrastructure, water utilities, electrical grids,
Speaker 1: transportation networks, you name it. Littleton, Massachusetts, population barely ten thousand,
Speaker 1: became ground zero when the FBI revealed the local water
Speaker 1: plants networks were cracked by Chinese actors. The trick find
Speaker 1: a weakness in an old firewall, grab lug in credentials,
Speaker 1: and play it cool. Don't trigger the alarms, just camp
Speaker 1: out until the day you need to flip a switch.
Speaker 1: According to Hall, China's not after secrets. This is about
Speaker 1: leveraging crisis, pure unrestricted warfare. The fun fact slash wake up.
Speaker 1: No one knows the full extent of how many American
Speaker 1: networks have these sleeper cells waiting, but its likely millions
Speaker 1: of daily probing attacks are going on. Global cybercrime damages
Speaker 1: are now hurtling toward an insane ten dollars and fifty
Speaker 1: cents trillion annually, and this is a big driver. Not
Speaker 1: to be outdone, the US is swinging a legislative hammer.
Speaker 1: Last week, lawmakers pushed a Senate bill to deepen public
Speaker 1: private collaboration and beef up defenses while reenforcing expiring provisions
Speaker 1: in the Cybersecurity Information Sharing Act. There's also been a
Speaker 1: high profile breach at the elite law firm Williams and Connolly,
Speaker 1: executed via a zero day exploit suspected to be nation state,
Speaker 1: upping the paranoia for every corporate bigwig in DC. Meanwhile,
Speaker 1: the Chips versus minerals battle has truly gone thermal. Just Thursday,
Speaker 1: beaiging unleashed glittering new export controls on rare earths like
Speaker 1: wholemium and herbium. Think advanced lasers, fiber optics, and even
Speaker 1: nuclear tech. China's Trade Ministry m o FOCOM followed up
Speaker 1: by slapping restrictions on lithium ion battery tech and related
Speaker 1: manufacturing gear to export high performance battery cells or graphite.
Speaker 1: Anadotes companies that to export the cost of the existing
Speaker 1: fuel system reflects a larger range of markets starting November eighth.
Speaker 1: These controls hit everything from roller kills to mixer machines
Speaker 1: and chunky cathode chemicals like nickel, colbaate, Mangelong bellfarm. The
Speaker 1: goal strangle the US and its allies wherever their most
Speaker 1: battery hungry. President Trump responded in classic form, pledging one
Speaker 1: hundred per cent tariffs on every Chinese import effective November one,
Speaker 1: and tightening export controls on US advanced software. Trump outright
Speaker 1: called Beijing's move hostile and nixed his planned sit down
Speaker 1: with zijin Ping. Later this month. Markets freaked b s
Speaker 1: and P five hundred had its worst sessions in d April.
Speaker 1: US farmers are bracing for ag retaliation, and now Asian
Speaker 1: exchanges are braced for a Monday blood bath. Expert consensus
Speaker 1: is coalescing around one word disruption. Trade supply chains, tech,
Speaker 1: R and D, and market stability all are collateral in
Speaker 1: this cyber mineral cold war. The US has the tech
Speaker 1: switch with its chip ban regime, but China's now holding
Speaker 1: the material switch with rare earths and battery tech trivium.
Speaker 1: China even called it a new tool to hit back
Speaker 1: at firms that side with US tech restrictions forecasts. Expect
Speaker 1: more tip for tat, more shadowy hacks, and less trust
Speaker 1: American utilities get patching tech execs. Buckle up because the
Speaker 1: game board just shrank and every move is watched. I'm ting,
Speaker 1: and I'll be decoding every cipher right here on Beijing Bytes.
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Speaker 1: every byte and breach. This has been a quiet Pease production.
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