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US-China Tech War Heats Up: Hacks, Restrictions, and Trump's Return Promises a Wild Ride Ahead!
This is your Beijing Bytes: US-China Tech War Updates podcast.
Hey there, I'm Ting, and I'm here to give you the lowdown on the latest in the US-China tech war. It's been a wild couple of weeks, so let's dive right in.
First off, cybersecurity incidents have been making headlines. The US Treasury Department just got breached by Beijing-sponsored hackers, and it's believed they were after intel on US sanctions on Chinese exporters. David Sedney, former deputy assistant secretary of defense, thinks this is just the beginning, saying, "It looks as if things are going to get much worse before they get any better." The Salt Typhoon group has also been causing trouble, breaching nine US telecommunications providers and giving the Chinese government access to Americans' data.
Now, let's talk about new tech restrictions. The US is set to unveil new rules limiting China's access to AI chips before President Biden leaves office on January 20. These changes aim to control global shipments of powerful GPUs essential for training AI models by closing existing regulatory loopholes. This move follows the recent US Section 301 trade investigations into China's production of legacy chips and the blacklisting of 140 Chinese chip firms.
But China isn't taking this lying down. They've just announced export controls on 28 US companies, including defense giants Lockheed Martin and Boeing Defense. This is a clear signal that Beijing is ready to fight US trade fire with fire. Donald Trump's campaign rhetoric promised a tougher stance on China, including blanket 60% tariffs on China-made goods, and it looks like China is preparing for the worst.
Industry impacts are already being felt. US investors in Chinese venture capital funds are racing to comply with new rules banning investments in companies developing artificial intelligence and other advanced technologies used by the People's Liberation Army. And with Trump set to resume the presidency, experts are predicting a renewed escalation in trade tensions between the world's two largest economies.
So, what does this all mean? Well, Anne Neuberger, Deputy National Security Advisor for Cyber, thinks the Chinese government is mainly after specific government officials, but the scope and sophistication of these attacks are likely to grow. And with the global economy already grappling with inflationary pressures and energy insecurity, a renewed trade war could exacerbate these challenges and drag other nations into the fray.
That's the latest from the US-China tech war front. It's going to be a wild ride, folks. Stay tuned.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
Hey there, I'm Ting, and I'm here to give you the lowdown on the latest in the US-China tech war. It's been a wild couple of weeks, so let's dive right in.
First off, cybersecurity incidents have been making headlines. The US Treasury Department just got breached by Beijing-sponsored hackers, and it's believed they were after intel on US sanctions on Chinese exporters. David Sedney, former deputy assistant secretary of defense, thinks this is just the beginning, saying, "It looks as if things are going to get much worse before they get any better." The Salt Typhoon group has also been causing trouble, breaching nine US telecommunications providers and giving the Chinese government access to Americans' data.
Now, let's talk about new tech restrictions. The US is set to unveil new rules limiting China's access to AI chips before President Biden leaves office on January 20. These changes aim to control global shipments of powerful GPUs essential for training AI models by closing existing regulatory loopholes. This move follows the recent US Section 301 trade investigations into China's production of legacy chips and the blacklisting of 140 Chinese chip firms.
But China isn't taking this lying down. They've just announced export controls on 28 US companies, including defense giants Lockheed Martin and Boeing Defense. This is a clear signal that Beijing is ready to fight US trade fire with fire. Donald Trump's campaign rhetoric promised a tougher stance on China, including blanket 60% tariffs on China-made goods, and it looks like China is preparing for the worst.
Industry impacts are already being felt. US investors in Chinese venture capital funds are racing to comply with new rules banning investments in companies developing artificial intelligence and other advanced technologies used by the People's Liberation Army. And with Trump set to resume the presidency, experts are predicting a renewed escalation in trade tensions between the world's two largest economies.
So, what does this all mean? Well, Anne Neuberger, Deputy National Security Advisor for Cyber, thinks the Chinese government is mainly after specific government officials, but the scope and sophistication of these attacks are likely to grow. And with the global economy already grappling with inflationary pressures and energy insecurity, a renewed trade war could exacerbate these challenges and drag other nations into the fray.
That's the latest from the US-China tech war front. It's going to be a wild ride, folks. Stay tuned.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
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By Quiet. PleaseThis is your Beijing Bytes: US-China Tech War Updates podcast.
Hey there, I'm Ting, and I'm here to give you the lowdown on the latest in the US-China tech war. It's been a wild couple of weeks, so let's dive right in.
First off, cybersecurity incidents have been making headlines. The US Treasury Department just got breached by Beijing-sponsored hackers, and it's believed they were after intel on US sanctions on Chinese exporters. David Sedney, former deputy assistant secretary of defense, thinks this is just the beginning, saying, "It looks as if things are going to get much worse before they get any better." The Salt Typhoon group has also been causing trouble, breaching nine US telecommunications providers and giving the Chinese government access to Americans' data.
Now, let's talk about new tech restrictions. The US is set to unveil new rules limiting China's access to AI chips before President Biden leaves office on January 20. These changes aim to control global shipments of powerful GPUs essential for training AI models by closing existing regulatory loopholes. This move follows the recent US Section 301 trade investigations into China's production of legacy chips and the blacklisting of 140 Chinese chip firms.
But China isn't taking this lying down. They've just announced export controls on 28 US companies, including defense giants Lockheed Martin and Boeing Defense. This is a clear signal that Beijing is ready to fight US trade fire with fire. Donald Trump's campaign rhetoric promised a tougher stance on China, including blanket 60% tariffs on China-made goods, and it looks like China is preparing for the worst.
Industry impacts are already being felt. US investors in Chinese venture capital funds are racing to comply with new rules banning investments in companies developing artificial intelligence and other advanced technologies used by the People's Liberation Army. And with Trump set to resume the presidency, experts are predicting a renewed escalation in trade tensions between the world's two largest economies.
So, what does this all mean? Well, Anne Neuberger, Deputy National Security Advisor for Cyber, thinks the Chinese government is mainly after specific government officials, but the scope and sophistication of these attacks are likely to grow. And with the global economy already grappling with inflationary pressures and energy insecurity, a renewed trade war could exacerbate these challenges and drag other nations into the fray.
That's the latest from the US-China tech war front. It's going to be a wild ride, folks. Stay tuned.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
Hey there, I'm Ting, and I'm here to give you the lowdown on the latest in the US-China tech war. It's been a wild couple of weeks, so let's dive right in.
First off, cybersecurity incidents have been making headlines. The US Treasury Department just got breached by Beijing-sponsored hackers, and it's believed they were after intel on US sanctions on Chinese exporters. David Sedney, former deputy assistant secretary of defense, thinks this is just the beginning, saying, "It looks as if things are going to get much worse before they get any better." The Salt Typhoon group has also been causing trouble, breaching nine US telecommunications providers and giving the Chinese government access to Americans' data.
Now, let's talk about new tech restrictions. The US is set to unveil new rules limiting China's access to AI chips before President Biden leaves office on January 20. These changes aim to control global shipments of powerful GPUs essential for training AI models by closing existing regulatory loopholes. This move follows the recent US Section 301 trade investigations into China's production of legacy chips and the blacklisting of 140 Chinese chip firms.
But China isn't taking this lying down. They've just announced export controls on 28 US companies, including defense giants Lockheed Martin and Boeing Defense. This is a clear signal that Beijing is ready to fight US trade fire with fire. Donald Trump's campaign rhetoric promised a tougher stance on China, including blanket 60% tariffs on China-made goods, and it looks like China is preparing for the worst.
Industry impacts are already being felt. US investors in Chinese venture capital funds are racing to comply with new rules banning investments in companies developing artificial intelligence and other advanced technologies used by the People's Liberation Army. And with Trump set to resume the presidency, experts are predicting a renewed escalation in trade tensions between the world's two largest economies.
So, what does this all mean? Well, Anne Neuberger, Deputy National Security Advisor for Cyber, thinks the Chinese government is mainly after specific government officials, but the scope and sophistication of these attacks are likely to grow. And with the global economy already grappling with inflationary pressures and energy insecurity, a renewed trade war could exacerbate these challenges and drag other nations into the fray.
That's the latest from the US-China tech war front. It's going to be a wild ride, folks. Stay tuned.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta