The US-China technology rivalry heats up
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 28 March 2022
⏱️ 9 minutes
🧾️ Download transcript
Summary
HSBC has repeatedly edited its analysts’ research publications to remove references to a “war” in Ukraine, the US has denied that it is seeking to overturn Vladimir Putin’s regime, Plus, the FT’s Global China Editor explores how the bitter hi-tech war between the US and China is playing out.
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Mentioned in this podcast:
US denies it is seeking regime change in Moscow
HSBC cut mentions of Ukraine ‘war’ from analyst reports
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The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.
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Transcript
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| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk |
| 0:09.8 | Good morning from the Financial Times. |
| 0:11.5 | Today is Monday, March 28th, and this is your FT News Briefing. |
| 0:18.3 | The White House is doing damage control after Joe Biden's unscripted remark about Vladimir Putin. |
| 0:23.6 | The British bank HSBC is scrubbing out the word war in reference to Ukraine, |
| 0:28.3 | plus China is in a bitter battle with the U.S. to control technologies of the future. |
| 0:33.3 | This is absolutely front and center of the crucial global rivalry between the established |
| 0:40.2 | superpower of the U.S. and the rising superpower China. There couldn't be anything more important than this. |
| 0:46.9 | Our global China editor, James King, explores how this rivalry is playing out. |
| 0:51.4 | He's hosting the new season of the FT's tectonic podcast. We'll have all the highlights. |
| 0:56.2 | A Mark Philippineau, and here's the news you need to start your day. |
| 1:07.4 | U.S. President Joe Biden yesterday returned from his trip to Europe, |
| 1:10.8 | a trip widely seen as successful. He met with European leaders, strengthened the needle alliance, |
| 1:17.1 | and resolved to support Ukraine against Russia's attack. But at the very end of his last speech |
| 1:22.8 | in Poland, the president made a remark. |
| 1:30.8 | The man there being Russia's president Vladimir Putin. The FT's Washington bureau chief, |
| 1:35.6 | James Pledi, was traveling with Biden on his trip. We caught him at the airport after getting back. |
| 1:40.1 | James says the president's comment was not part of the prepared remarks. |
| 1:44.9 | However, he did say it quite emphatically and with purpose. So I don't think it was an accidental |
| 1:52.4 | remark. I think it was a deliberate remark. I think the issue with it is that the U.S. has a |
| 1:58.7 | policy that it doesn't, it's not seeking regime change. So the White House went into damage control. |
... |
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