Reported about 5 hours ago
China expressed its support for Nvidia's presence and its commitment to enhancing the business environment for foreign firms, as stated by the vice commerce minister during a meeting with Nvidia's Jay Puri in Beijing. This comes amid anticipated new export restrictions from the Biden administration aimed at limiting Chinese access to semiconductor technology. The commerce ministry emphasized the importance of strengthening communication with the U.S. to stabilize economic and trade relations.
Source: YAHOO