Speaker 1: Hey there, I'm ting and let's dive right into the
Speaker 1: latest on the US China tech war. Over the past
Speaker 1: two weeks, things have been heating up, especially in cybersecurity.
Speaker 1: The Chinese Communist Party CCP has been making headlines with
Speaker 1: its aggressive cyber attacks on US infrastructure. Just a few
Speaker 1: days ago, we learned about a state sponsored cyber attack
Speaker 1: on the US Treasury Department, targeting the Office of Foreign
Speaker 1: Assets Control and the Office of the Treasury Secretary. This
Speaker 1: isn't just any ordinary hack. It's part of Beijing's broader
Speaker 1: strategy to undermine its strategic competitors and gather sensitive intelligence.
Speaker 1: But that's not all. The CCP has also been busy
Speaker 1: infiltrating US critical infrastructure, including water treatment plants, the electrical grid,
Speaker 1: and transportation systems. The US recently dismantled an operation by
Speaker 1: a Chinese state backed hacker group known as volt Typhoon,
Speaker 1: which had gained control of hundreds of Internet routers in
Speaker 1: the US to launch attacks on these critical systems. Now,
Speaker 1: let's talk about new tech restrictions. The US has been
Speaker 1: tightening its grip on Chinese tech companies, especially those with
Speaker 1: ties to the CCP. President Trump recently delayed enforcement of
Speaker 1: a law that bans the distribution of TikTok, a popular
Speaker 1: Chinese owned social media app, to give his administration more
Speaker 1: time to work out a deal. But make no mistake,
Speaker 1: restrictions on Chinese communications technologies, software, and internet connected devices
Speaker 1: are becoming a major pillar of US economic and technology
Speaker 1: policy toward Beijing. The Biden administration had previously passed legislation
Speaker 1: and issued executive orders limiting certain data transfers to China,
Speaker 1: imposed draft know your Customer requirements on US cloud services providers,
Speaker 1: and published a draft rule to ban Chinese autonomous cars
Speaker 1: from being sold or used on American roads, And just
Speaker 1: last week, the US launched a process to restrict strict
Speaker 1: the use of Chinese made, commercial and hobbyist drones in
Speaker 1: the US industry. Impacts are significant. Chinese tech companies are
Speaker 1: facing increasing scrutiny, and US firms are being forced to
Speaker 1: rethink their partnerships with Chinese companies. The CCP is also
Speaker 1: restricting access to US consumer electronics within China's borders, primarily smartphones,
Speaker 1: to reduce foreign technology dependents. This move is seen as
Speaker 1: retaliation against US actions against Huawei and other Chinese firms.
Speaker 1: So what does this mean for both nations? The US
Speaker 1: China tech war is escalating, and cybersecurity incidents are becoming
Speaker 1: more frequent and sophisticated. The CCP's aggressive cyber attacks and
Speaker 1: infiltration of US critical infrastructure post significant national security risks.
Speaker 1: The US is responding with tougher restrictions on Chinese tech companies,
Speaker 1: but this could have unintended consequences for US firms operating
Speaker 1: in China. As an expert, I predict the this tech
Speaker 1: war will only intensify in the coming months. The CCP
Speaker 1: will continue to push its boundaries and the US will
Speaker 1: respond with even tougher measures. It's a cat and mouse game,
Speaker 1: but one thing is certain. The stakes are high and
Speaker 1: the implications are far reaching. Stay tuned, folks, It's going
Speaker 1: to be a wild ride. Thanks for listening. Make sure
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