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<v Speaker 1>Hey there, I'm ting and let's dive right into the

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<v Speaker 1>latest updates on the US China tech war. Over the

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<v Speaker 1>past two weeks, we've seen some significant developments that are

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<v Speaker 1>shaping the future of this high stakes competition. First off,

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<v Speaker 1>cybersecurity incidents have been making headlines. Just last week, the

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<v Speaker 1>White House confirmed that at least eight US telecom firms

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<v Speaker 1>were hit by a Chinese hacking campaign, giving Beijing access

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<v Speaker 1>to private texts and phone conversations of an unknown number

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<v Speaker 1>of Americans, including senior government officials and prominent political figures.

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<v Speaker 1>This is a stark reminder of the persistent threat posed

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<v Speaker 1>by malicious cyber actors operating in China. In response to

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<v Speaker 1>these threats, the US has been tightening its tech restrictions.

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<v Speaker 1>The National Defense Authorization Act, unveiled recently, would effectively bar

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<v Speaker 1>contractors from selling chips or tools to Huawei or its affiliates,

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<v Speaker 1>further squeezing the Chinese tech giant three. Additionally, the Treasury

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<v Speaker 1>Department sanctioned Sichuan Silence Information Technology Company and one of

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<v Speaker 1>its employees for their roles in compromising tens of thousands

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<v Speaker 1>of firewalls worldwide, including those US critical infrastructure companies. Four

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<v Speaker 1>These moves are part of a broader strategy to curb

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<v Speaker 1>China's technological advancements. The US has also stepped up export

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<v Speaker 1>controls on the semiconductor industry, which has led to Chinese

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<v Speaker 1>chip tool maker and Purian Technology handing control of its

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<v Speaker 1>board to a state owned enterprise after being blacklisted by

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<v Speaker 1>Washington III. But China isn't taking these restrictions lying down.

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<v Speaker 1>In an apparent response to the titaned chip restrictions, China

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<v Speaker 1>launched an antitrust probe into US chip giant Nvidia, marking

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<v Speaker 1>an escalation in the tech war. This move underscores the

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<v Speaker 1>complex interplay between economic and security interests in this competition.

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<v Speaker 1>Expert analysis suggests that while the US China tech war

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<v Speaker 1>is intensifying, there are also under appreciated sources of structural

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<v Speaker 1>stability that could keep relations from further deteriorating. Scott Kennedy

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<v Speaker 1>of CSIS notes that the recent summit meeting between Presidents

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<v Speaker 1>Joe Biden and Si Jinping has created guard rails that

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<v Speaker 1>reduce the likelihood of the most disastrous outcomes. Looking ahead,

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<v Speaker 1>it's clear that the US China tech war will continue

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<v Speaker 1>to shape the global tech landscape as we move into

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<v Speaker 1>twenty twenty five, expect more strategic maneuvering from both sides,

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<v Speaker 1>with cybersecurity, semiconductors, and artificial intelligence remaining key battlegrounds. That's

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<v Speaker 1>all for now from Beijing, Bites. Stay tuned for more

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<v Speaker 1>updates on this ever evolving tech war. Thanks for listening.

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