WEBVTT

1
00:00:00.040 --> 00:00:03.200
<v Speaker 1>Hello, listeners, ting here your bite sized guide to the

2
00:00:03.200 --> 00:00:06.480
<v Speaker 1>pulse of the U. S. China tech war, cyber skirmishes,

3
00:00:06.559 --> 00:00:10.039
<v Speaker 1>and every bite in between. Buckle up, because these past

4
00:00:10.039 --> 00:00:12.279
<v Speaker 1>two weeks have turned the rivalry into a full on

5
00:00:12.439 --> 00:00:15.599
<v Speaker 1>cyber thriller, with all the drama of a Jiangimo epic

6
00:00:15.800 --> 00:00:19.800
<v Speaker 1>and the complexity of a quantum chip. Let's start with

7
00:00:19.839 --> 00:00:24.879
<v Speaker 1>the juiciest plot twist cyber warfare. Williams and Connolly, the

8
00:00:24.960 --> 00:00:29.039
<v Speaker 1>legendary Washington law firm representing folks like Bill Clinton, found

9
00:00:29.079 --> 00:00:32.039
<v Speaker 1>themselves at the center of a Chinese state sponsored hacker

10
00:00:32.079 --> 00:00:36.439
<v Speaker 1>campaign CrowdStrike, and Mandian swooped in after a zero day

11
00:00:36.479 --> 00:00:40.920
<v Speaker 1>exploit cracked some attorney emails. The FBI's Washington Field office

12
00:00:41.000 --> 00:00:44.399
<v Speaker 1>leads a sprawling investigation as nearly a dozen other law

13
00:00:44.399 --> 00:00:48.600
<v Speaker 1>firms and tech giants appear court in similar webs. The motive,

14
00:00:48.679 --> 00:00:52.039
<v Speaker 1>according to sources briefed on the probe and Mandian's September report,

15
00:00:52.520 --> 00:00:57.560
<v Speaker 1>isn't financial ransom, but laser focused espionage. China is after

16
00:00:57.679 --> 00:01:03.240
<v Speaker 1>sensitive US national security intel and international trade secrets. Corporate

17
00:01:03.240 --> 00:01:07.120
<v Speaker 1>America's Panic room just got a whole lot busier as

18
00:01:07.159 --> 00:01:11.000
<v Speaker 1>government defenses sputter thanks to the US federal shutdown that

19
00:01:11.040 --> 00:01:14.920
<v Speaker 1>began October first, groups like the Crimson Collective tuned their

20
00:01:14.920 --> 00:01:20.319
<v Speaker 1>attacks to moments of maximum vulnerability. Their breach of red

21
00:01:20.319 --> 00:01:25.560
<v Speaker 1>Hat's consulting division hit eight hundred organizations, including defense contractors,

22
00:01:26.200 --> 00:01:31.560
<v Speaker 1>NASA's JPL, and even the House of Representatives. Timing wasn't

23
00:01:31.599 --> 00:01:36.920
<v Speaker 1>just unfortunate, it was tactical exploiting. Hollowed out cyber defenses.

24
00:01:36.920 --> 00:01:40.560
<v Speaker 1>As CEESA ran on a skeleton crew, the world watched

25
00:01:40.560 --> 00:01:45.040
<v Speaker 1>as American response in reporting channels lagged, offering adversaries a

26
00:01:45.079 --> 00:01:51.640
<v Speaker 1>golden cyber window. Meanwhile, the export controls slugfest escalated. President

27
00:01:51.719 --> 00:01:55.719
<v Speaker 1>Trump's administration broadened restrictions to hit not just chip makers

28
00:01:55.799 --> 00:02:02.040
<v Speaker 1>like Huawei, YMTC and Dji, but their subsidiaries too. Think

29
00:02:02.079 --> 00:02:04.680
<v Speaker 1>whack a mole, but every mole is a billion dollar

30
00:02:04.719 --> 00:02:10.439
<v Speaker 1>tech firm. These rules effective immediately forced redesigns from companies

31
00:02:10.520 --> 00:02:14.439
<v Speaker 1>like Nvidia and cut off whole fleets of Chinese supply chains.

32
00:02:15.560 --> 00:02:18.240
<v Speaker 1>Just as the dust from the Nvidia H twenty chip

33
00:02:18.280 --> 00:02:23.240
<v Speaker 1>sales controversy settled with Trump demanding a massive cut, Beijing

34
00:02:23.360 --> 00:02:27.199
<v Speaker 1>shot back, choking off rare earth mineral exports critical for

35
00:02:27.280 --> 00:02:30.680
<v Speaker 1>military and five G Tech, but in June both sides

36
00:02:30.759 --> 00:02:35.000
<v Speaker 1>dialed back tariffs and lifted bands a truce or just

37
00:02:35.039 --> 00:02:38.879
<v Speaker 1>a tactical retreat. Across the Pacific, the launch of broader

38
00:02:39.000 --> 00:02:42.159
<v Speaker 1>US bands on chip making equipment crawled into the headlines

39
00:02:42.639 --> 00:02:46.039
<v Speaker 1>after a report revealed Chinese firms bought thirty eight dollars

40
00:02:46.039 --> 00:02:48.879
<v Speaker 1>billion in gear last year from chip tawol giants like

41
00:02:48.960 --> 00:02:53.199
<v Speaker 1>ASML and Tokyo Electron thirty nine percent of their sales.

42
00:02:55.280 --> 00:03:00.080
<v Speaker 1>Lawmakers screened for tighter controls and more international coordination as

43
00:03:00.080 --> 00:03:03.560
<v Speaker 1>loopholes allowed non US firms to keep selling advanced tools

44
00:03:03.560 --> 00:03:07.520
<v Speaker 1>to Chinese manufacturers. A House panel flat out accused the

45
00:03:07.560 --> 00:03:12.120
<v Speaker 1>tool makers of undermining American national security and fueling China's

46
00:03:12.159 --> 00:03:17.639
<v Speaker 1>AI ambitions. China isn't just sitting on its chips, It's

47
00:03:17.639 --> 00:03:22.879
<v Speaker 1>doubling down. Made in China twenty twenty five keeps powering ahead,

48
00:03:23.280 --> 00:03:27.759
<v Speaker 1>flugging patents, dominating evs and shipbuilding, and betting hard on

49
00:03:27.840 --> 00:03:32.560
<v Speaker 1>AI governance and data standards. Beijing's support for domestic chip

50
00:03:32.560 --> 00:03:37.319
<v Speaker 1>innovation is rising, and strategic stockpiles of minerals from Mongolia

51
00:03:37.360 --> 00:03:43.360
<v Speaker 1>to Sichuan are now serving both factories and diplomats, market reactions,

52
00:03:44.039 --> 00:03:48.159
<v Speaker 1>Hong Kong Tex stocks sagged, Asian allies feel the squeeze,

53
00:03:48.439 --> 00:03:52.159
<v Speaker 1>and the entire semiconductor sector braces for more supply chain

54
00:03:52.280 --> 00:03:56.479
<v Speaker 1>shakeups and price spikes. This rivalry isn't settling down, folks.

55
00:03:56.759 --> 00:04:00.680
<v Speaker 1>It's evolving, and the next summit between Trump and Shijinping

56
00:04:00.960 --> 00:04:05.000
<v Speaker 1>could bring more fireworks or just another chess move. Expert

57
00:04:05.039 --> 00:04:08.520
<v Speaker 1>analysis says the battle is now about system level leverage

58
00:04:08.680 --> 00:04:13.719
<v Speaker 1>as much as technology controls slow China's progress, but also

59
00:04:13.840 --> 00:04:17.240
<v Speaker 1>force the US to reckon with dependencies and to ask

60
00:04:17.319 --> 00:04:20.120
<v Speaker 1>how far it's willing to push before allies get caught

61
00:04:20.120 --> 00:04:26.399
<v Speaker 1>in the crossfire. The forecast more scrutiny, more creative circumvention,

62
00:04:27.120 --> 00:04:34.079
<v Speaker 1>and sorry not sorry, the hacking will keep escalating. Thanks

63
00:04:34.079 --> 00:04:37.480
<v Speaker 1>for tuning in to Beijing Bites your daily decoding of

64
00:04:37.519 --> 00:04:42.199
<v Speaker 1>the escalating US China tech war. Don't forget to subscribe

65
00:04:42.199 --> 00:04:56.040
<v Speaker 1>for tomorrow's dispatch. This has been a quiet Please production

66
00:04:56.399 --> 00:04:58.759
<v Speaker 1>for more check out Quiet please dot ai
