China Warns US Against New Chip Export Controls
China warned the U.S. on Friday against imposing additional semiconductor export controls, following the scandal involving AI chip giant Nvidia and its former CEO Jensen Huang, who resigned Thursday. Foreign ministry spokesperson Mao Ning said China opposes export control abuses that disrupt global supply chains, urging both nations to implement consensus reached by their heads of state to maintain stable economic relations. The warning follows U.S. lawmakers' calls for tighter chip equipment limits. Commerce Secretary Howard Lutnick faces criticism over alleged oversight failures regarding Nvidia sales, amid reports that intelligence suggested Alice Huang, linked to Jensen Huang, was a Chinese asset. Beijing rejected the allegations as a pretext for a technological blockade.