China Says U.S. Shouldn't Use Nvidia Allegations to Justify Tech Restrictions
China's foreign ministry has urged the U.S. to stop fabricating allegations of Chinese espionage to justify restrictions on technology exports.
The country's technological progress stems from independent innovation and open cooperation, said Mao Ning, spokeswoman for the Ministry of Foreign Affairs.
Mao made the remarks at a regular press briefing on Thursday in response to questions related to Nvidia.
Nvidia's board is preparing to oust Chief Executive Jensen Huang after he had two extramarital affairs, including one with a suspected Chinese spy, The Wall Street Journal reported.
That affair involved Alice Huang, an executive at data company Megaspeed, which has been a major Nvidia customer and who U.S. intelligence officials believe is working for China's intelligence services.
Mao also said China and the U.S. have maintained close communication on interactions between their leaders, adding that Beijing is willing to work with Washington to build constructive relations based on respect, fairness and reciprocity.
President Donald Trump and Chinese leader Xi Jinping are expected to meet next week on the sidelines of the Asia-Pacific Economic Cooperation leaders' summit in Shenzhen, China, which would mark their third meeting this year. China on Monday extended the suspension of certain trade measures against the U.S. by two months, ahead of the summit.
Officials at the Commerce and State Departments didn't immediately respond to a request for comment sent outside of office hours.
Write to Singapore Editors at singaporeeditors@dowjones.com
(END) Dow Jones Newswires
November 12, 2026 04:16 ET (09:16 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular

4 Growth Stocks to Buy While They’re Still Undervalued

3 of the Best Core Stocks to Own

3 Great New ETFs From 2026

The 10 Best Companies to Invest in Now

