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US Ambassador to China Perdue says NVIDIA (NVDA) affair shows that US should stay diligent on China, adds China says it's to firmly safeguard multilateral trading system, and will uphold most favored nation treatment

ORIGINAL · NewsquawkUS Ambassador to China Perdue says NVIDIA (NVDA) affair shows that US should stay diligent on China, adds China says it's to firmly safeguard multilateral trading system, and will uphold most favored nation treatmentRead originalHide original

Says: China's licensing regime for magnets is hugely escalatory. US is not getting the flow of magnets that it wants from China. US and China militaries are beginning to talk again.

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Perdue described magnet licensing and supply concerns, said U.S.–China military talks were resuming, and linked an NVIDIA affair to U.S. diligence on China.

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Says: China's licensing regime for magnets is hugely escalatory. US is not getting the flow of magnets that it wants from China. US and China militaries are beginning to talk again.

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NVDANvidia Corp$175.87Current price

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