Speaker 1: Hello everyone, ting here your digital, bite sized guide to
Speaker 1: the tangled drama of US China tech rivalry. Let's get
Speaker 1: right to the silicon heart of the matter. Over the
Speaker 1: past two weeks, the tech competition between Washington and Beijing
Speaker 1: has packed as much suspense as the latest hit Sea drama,
Speaker 1: but with more semiconductors and fewer love triangles. First up,
Speaker 1: cyber front lines have been unusually noisy. The usual shadowy
Speaker 1: exchanges between Chinese and American cyber actors hit new levels
Speaker 1: after suspected state linked hackers targeted financial firms in both nations. Notably,
Speaker 1: anonymous Chinese sources pointed fingers at Washington for weaponizing cyberspace,
Speaker 1: while US agencies traced a sophisticated fishing campaign back to
Speaker 1: a Shanghai based hacking collective. Queue the accusations, denials, and
Speaker 1: many a no comment classic cyber warfare theater. Meanwhile, fresh
Speaker 1: tech restrictions are coming down like spring rain. On May twelfth,
Speaker 1: both sides announced a mutual Terarify rollback, an apparent pause
Speaker 1: to the so called chip war, with US tariffs on
Speaker 1: Chinese tech goods dropping from a blistering one forty five
Speaker 1: percent to thirty percent and China slashing its countermeasures to
Speaker 1: a softer ten percent sounds like progress right well, as
Speaker 1: Joe Weijuan over at unsw noted, don't break out the
Speaker 1: Baiju just yet. These tariff cuts are temporary and deeper
Speaker 1: tensions remain alive and well. Beijing is still wary of
Speaker 1: Washington's ever tightening chokehold on advanced semiconductors and AI, especially
Speaker 1: after last week's surprise controls on chip making equipment exports
Speaker 1: to China. The policy front is equally steamy. The US
Speaker 1: is doubling down on its industrial policy, with Congress approving
Speaker 1: a new Tech Investment Review Board aimed squarely at outbound
Speaker 1: investments in Chinese AI and quantum startups. China isn't just watching,
Speaker 1: It's stepping up its dual circulation policy, funneling investment into
Speaker 1: homegrown champions like deep Seek, the AI firm causing waves
Speaker 1: by powering not just evs but also robotics giants like
Speaker 1: ub Tech and PC conglomerate Lenovo. Deutsche Bank analysts even
Speaker 1: called Deep Seek's rise a Sputnik moment for China, a
Speaker 1: warning bell for Washington that the next industrial revolution clock
Speaker 1: is ticking fast. Industry impact the global supply chain continues
Speaker 1: its identity crisis. Chip makers in Taiwan and South Korea
Speaker 1: are caught in the crossfire, forced to choose sides as
Speaker 1: US and China both dangle incentives and wheeled penalties. Meanwhile,
Speaker 1: smaller nations are sweating caught between two tech giants. The
Speaker 1: risk of getting squeezed rises by the day. What's the
Speaker 1: strategic outlook? Experts warn that while this ceasefire on tariffs
Speaker 1: may cool markets temporarily, the tech rivalry is only fragmenting
Speaker 1: the global order. Further, think less of a new Cold war,
Speaker 1: more of an endless tug of war, with countries and
Speaker 1: companies forced to pick teams or risk going solo. Long
Speaker 1: story short, No one should expect lasting peace, briefer, sharper battles, forecast,
Speaker 1: expect more sanctions, more cyber skirmishes, and for the world,
Speaker 1: a bigger question. Who really gets to write the next
Speaker 1: chapter of the Digital Age? That's all from Ting, Stay
Speaker 1: bite wise, stay curious. Thanks for listening. Make sure you
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