FT News Briefing The US-China technology rivalry heats up
Mar 28, 2022
The intense technological competition between the US and China takes center stage, highlighting the race for global supremacy. President Biden's remarks on NATO and Russia's regime change create diplomatic ripples. The podcast also delves into national security concerns spotlighted by a Chinese scientist's arrest for espionage. Corporate espionage incidents involving Chinese nationals reveal tensions and fears of wrongful prosecutions, raising questions about the future of technology sharing amidst geopolitical rivalry.
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Biden's Remark
- After Biden's unscripted remark about Putin not remaining in power, the White House engaged in damage control.
- This statement potentially jeopardizes a settlement and fuels Russian propaganda, says James Politi.
HSBC Edits Reports
- HSBC is removing the word "war" from internal documents concerning Ukraine, possibly to comply with Russian law.
- This action has upset some HSBC employees who feel it misrepresents the situation.
FBI Arrest
- A Chinese scientist recounts the night FBI agents arrested him at his Philadelphia home.
- He was suspected of being a Chinese spy and sharing tech secrets.