US Tightens Federal Access to DeepSeek
Channel: Bloomberg Television
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Read a transcript preview of “US Tightens Federal Access to DeepSeek” from Bloomberg Television, uploaded on 2026-10-20.
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Language: English (creator captions)
[0:02] >> 9:00 A.M. IN SHANGHAI AND SHENZHEN.
[0:03] YOU ARE WATCHING THE CHINA SHOW. >> WE ARE COUNTING DOWN TO THE
[0:08] OPEN OF MARKETS IN GREATER CHINA.
[0:11] LET'S GET TO YOUR TOP STORIES. TECH STOCKS LEADING STEEP
[0:15] DECLINES AS YOU CAN SEE ON YOUR SCREENS AS TRADERS SHRUG OFF
[0:16] THE BALANCE WE HAD. THE REGIONAL GAUGE SET FOR A
[0:22] SECOND DAY OF LOSSES AS HONG KONG MARKETS PREPARED TO REOPEN
[0:23] FROM A HOLIDAY. YVONNE: THE U.S. FANS GOVERNMENT AGENCIES FROM
[0:32] USING DEEPSEEK AI MODELS, ACCUSING THE CHINESE
[0:33] START OF COLLECTING POTENTIALLY SENSITIVE DATA FROM AMERICANS
[0:35] THAT MAY END UP IN BEIJING'S HANDS. DAVID:
[0:40] ALSO AHEAD, A DEEP DIVE INTO WHAT HAS MADE HONG KONG'S MTR
[0:44] THE WORLD'S MOST POPULAR TRAIN SYSTEM IN A MULTIBILLION DOLLAR
[0:46] BET THAT THREATENS TO DERAIL ITS SUCCESS.
[0:50] THE CEO JOINS US EXCLUSIVELY. STEPHEN:
[0:57] I AM STEPHEN ENGLE WHERE WE WILL BE FOCUSING ON BREAKING
[1:00] DOWN THE PBOC'S POLICY TWEAKS AIMED AT GIVING THE ECONOMY A
[1:03] BOOST. WE WILL SPEAK WITH A
[1:11] FORMER -- FORMER OFFICIAL, AND LATER, THE IMF SENIOR REP FOR
[1:12] CHINA, MARSHALL MILLS.
[1:30] DAVID: WE ARE STARTING OFF THE SHOW
[1:33] WITH BREAKING NEWS.
[1:39] NOTHING MUCH TO SEE HERE BEYOND -- THIS IS GOING TO GET
[1:41] INTERESTING BECAUSE THERE IS SOME TWEAKS TO THE RATES
[1:45] COMING. IT IS NOT THIS ONE THOUGH.
[1:48] THE LOAN PRIME RATES UNCHANGED FOR THE ONE AND FIVE YEAR AT
[1:50] 3.5% ON THE FIVE. . 3% ON THE ONE YEAR.
[1:53] WHICH GOES INTO THE BIG STORY ACROSS THE MACRO SPACE, THE
[1:55] PBOC. WE WILL TALK ABOUT THAT GUIDING
[1:58] TOWARD A NEW BENCHMARK RATE. YVONNE:
[2:00] THE ANNOUNCEMENT CAME THROUGH.
[2:06] YOU HAVE THE BIG ONES,