Speaker 1: Hey there, I'm ting and welcome to Beijing Bites, your
Speaker 1: go to source for the latest on the US China
Speaker 1: tech war. Let's dive right in. Over the past two weeks,
Speaker 1: we've seen some major developments that are heating up the
Speaker 1: competition between these two tech giants. First off, cybersecurity incidents
Speaker 1: have been making headlines. The FBI just revealed that a
Speaker 1: China linked threat group known as Salt Typhoon has been
Speaker 1: infiltrating US telecom networks, stealing a massive amount of data,
Speaker 1: including private communications of targeted individuals involved in government or
Speaker 1: political activities. This is a big deal, folks, and it's
Speaker 1: clear that China's cyber espionage efforts are getting more sophisticated.
Speaker 1: But the US isn't taking this lying down. The Biden
Speaker 1: administration has imposed new restrictions on China's access to vital
Speaker 1: components for AI chips, which has provoked Beijing into showcasing
Speaker 1: its own tools for a potential trade war. President Xi
Speaker 1: Jinping has opened a probe into Nvidia Corp. And ban
Speaker 1: the export of several rare materials with military applications. This
Speaker 1: is a classic tit for tap move, and it's clear
Speaker 1: that both sides are gearing up for a long fight.
Speaker 1: In terms of policy changes, the US has been tightening
Speaker 1: its export controls on China, particularly when it comes to
Speaker 1: AI technologies. The latest update bans the sale of high
Speaker 1: bandwidth memory HBM chips to China, which is a key
Speaker 1: component for leading edge GPUs. This move is designed to
Speaker 1: keep China at least two generations behind the curve in
Speaker 1: AI development. But here's the thing. China's not going down
Speaker 1: without a fight. Beijing has been working to develop its
Speaker 1: own indigenous chip industry and it's making some serious strides.
Speaker 1: Companies like Huawei are still dependent on foreign suppliers, but
Speaker 1: they're getting closer to mastering key technologies like HBM two E.
Speaker 1: So what does this all mean. Well, for one, it's
Speaker 1: clear that the US China tech war is heating up
Speaker 1: and it's going to have some serious implications for both nations.
Speaker 1: As Klausoom noted, Taiwan's new president is even countering Beijing's
Speaker 1: One China narrative with a bold new approach, which could
Speaker 1: further complicate the situation. In terms of industry impacts, We're
Speaker 1: already seeing some major players getting caught in the crossfire.
Speaker 1: Nvidiacorp is facing a probe in China and companies like
Speaker 1: Huawei are struggling to access key components. This is going
Speaker 1: to have some serious ripple effects throughout the global supply chain.
Speaker 1: So what's next. Well, it's clear that both sides are
Speaker 1: digging in for a long fight. The US is going
Speaker 1: to keep tightening its export controls and China is going
Speaker 1: to keep pushing to develop its own indigenous chip industry.
Speaker 1: As Grzegorstek and Helena Lagarda noted, Europe's resilience visa VI
Speaker 1: China is going to be a key factor in this conflict.
Speaker 1: That's all for now, folks. Stay tuned for more updates
Speaker 1: on the US China tech war, and remember, in the
Speaker 1: world of cybersecurity, you're only as strong as your weakest link.
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