SCMP Economy4/22/2026BusinessChina
China bought zero H200 chips ‘as of today’, says Lutnick as he cites ‘delicate balance’ with Xi
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US Commerce Secretary Howard Lutnick sought to quell fears in Senate testimony on Wednesday that American technology was aiding China’s military, but drew scepticism given the US president’s willingness to sell advanced semiconductors. Lutnick asserted before the powerful Senate Appropriations Committee that US President Donald Trump was striking a “delicate balance” on the technology transfer issue given his cordial personal relationship with Chinese leader Xi Jinping, claiming that China has...
This article was originally published by SCMP Economy.
