The spokesperson of the Ministry of Commerce answered reporters' questions regarding the U.S. approval for the sale of NVIDIA H20 chips to China

Wallstreetcn
2025.07.18 05:45
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A spokesperson for the Ministry of Commerce stated that after the China-U.S. London economic and trade talks, both sides maintained close communication, confirmed the framework details, and advanced implementation work. The U.S. side recently indicated it would approve the sale of NVIDIA H20 chips to China. The Chinese side called on the U.S. to abandon zero-sum thinking, continue to lift unreasonable economic and trade restrictions on China, emphasize the importance of win-win cooperation, and oppose U.S. export controls on Chinese chip products. The Chinese side looks forward to correcting wrong practices and maintaining the stability of the global semiconductor supply chain through equal consultations