Speaker 1: Hey there, I'm ting and welcome to Beijing Bytes, 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 in the US China technology competition.
Speaker 1: First off, cybersecurity incidents have been making headlines. The Chinese
Speaker 1: Communist Party CCP has been linked to a state sponsored
Speaker 1: cyber attack on the US Treasury Department, which is believed
Speaker 1: to be part of Beijing's efforts to gather sensitive intelligence
Speaker 1: and prepare for potential conflict one. This attack is just
Speaker 1: the tip of the iceberg, with Taiwan facing an unprecedented
Speaker 1: surge in cyber incidents, averaging two point four million attacks
Speaker 1: daily in twenty twenty four, double the number from twenty
Speaker 1: twenty three. But it's not just about hacking. New tech
Speaker 1: restrictions are also in play. The Biden administration has issued
Speaker 1: new export controls on advanced computing chips and certain AI
Speaker 1: model weights to prevent China, Russia, and other adversaries from
Speaker 1: accessing advanced AI technology. These restrictions focus on sensitive technologies
Speaker 1: like AI semiconductors and quantum computing, and require detailed due
Speaker 1: diligence from US investors. Policy changes are also on the horizon.
Speaker 1: The incoming Trump administration aims to reduce the government's role
Speaker 1: in cybersecurity but increase its offensive actions, marking a shift
Speaker 1: from the Biden team's focus on regulation and intelligence sharing. Four.
Speaker 1: This change in approach could have significant implications for how
Speaker 1: the US responds to future cyber attacks. Industry impacts are
Speaker 1: already being felt. The new restrictions on advanced chips and
Speaker 1: AI models will significantly impact US investors and Chinese firms,
Speaker 1: especially in affected sectors like semiconductors and AI two. Five.
Speaker 1: This could reshape US China economic relations and have broader
Speaker 1: implications for global supply chains. Strategically, these developments highlight the
Speaker 1: escalating tech war between the US and China. The CCP's
Speaker 1: use of hybrid tactics, including cyber attacks and disinformation, aims
Speaker 1: to undermine US strategic competitors and prepare for potential conflict
Speaker 1: over Taiwan. The US, in turn, is tightening its grip
Speaker 1: on advanced technologies to prevent them from falling into Chinese hands.
Speaker 1: Experts like David Sedney, former Deputy Assistant Secretary of Defense,
Speaker 1: warn that things are likely to get worse before they
Speaker 1: get better. With the US and China locked in a
Speaker 1: high stakes tech race, the future of global cybersecurity and
Speaker 1: economic dominance hangs in the balance. That's all for now.
Speaker 1: Stay tuned for more updates from Beijing bites. I'm ting
Speaker 1: and I'll catch you on the flip side. Thanks for listening.
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