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World News by Wild Rose

#Howard Lutnick ร—

China bought zero H200 chips โ€˜as of todayโ€™, says Lutnick as he cites โ€˜delicate balanceโ€™ with Xi

US Commerce Secretary Howard Lutnick sought to quell fears in Senate testimony on Wednesday that American technology was aiding Chinaโ€™s military, but drew scepticism given the US presidentโ€™s willingness to sell advanced semiconductors. Lutnick asserted before the powerful Senate Appropriations Committee that US President Donald Trump was striking a โ€œdelicate balanceโ€ on the technology transfer issue given his cordial personal relationship with Chinese leader Xi Jinping, claiming that China has...