China urges US to remove more trade restrictions following Nvidia chip nod

BEIJING: China believes that the United States should abandon zero-sum thinking and continue to remove a series of unreasonable economic and trade restriction measures against China, the Ministry of Commerce said Friday.

AI Brief

China acknowledges US approval of Nvidia H20 chip sales and calls for continued dialogue.
China criticises past US export controls targeting Huawei and Chinese chips as unfair.
Beijing urges equal talks to support global chip supply chain stability and fair competition.

China has noticed that the United States has recently taken the initiative to announce the approval of sales of Nvidia H20 chips to China, said a spokesperson for the ministry in response to a media inquiry.

The spokesperson said that China and the United States have remained in close communication following trade talks in London, noting that China approved eligible applications for export of controlled items in accordance with the law, and the United States in early July lifted the restrictive measures on China involved in the talks.

Win-win cooperation between China and the United States is the right path, and suppression and containment lead nowhere, said the spokesperson.

The spokesperson said that in May this year, the United States issued export control guidelines targeting Ascend chips of Chinese tech giant Huawei, tightened control on Chinese chip products on trumped-up charges, used administrative power to interfere in fair market competition, and seriously damaged the legitimate rights and interests of Chinese companies. China has solemnly stated its position, firmly opposing such acts.

"We hope the U.S. will work with China to correct its erroneous practices through equal consultations, create a favorable environment for mutually beneficial cooperation between enterprises of both sides, and jointly maintain the stability of global semiconductor industrial and supply chains," said the spokesperson.