'US uses spying claims as pretext for tech blockade'

RTHK - Nov 12, 2026

China accused the United States on Thursday of using spurious spying claims as a pretext to impose a technological "blockade" on Beijing, following claims that Nvidia boss Jensen Huang was the victim of a Chinese espionage plot. "China's technological progress is driven by independent innovation and open cooperation. The US side should stop fabricating such 'spy' narratives as a pretext for imposing a technological blockade," Foreign Ministry spokeswoman Mao Ning told a regular briefing. Huang, who co-founded Nvidia and turned it into the world's leading supplier of the chips that power AI, has admitted to having an extramarital affair. China has dismissed the claims about spying on Huang as "groundless speculation" and "an attempt to smear China". The furore comes ahead of a meeting next week between President Xi Jinping and his US counterpart Donald Trump at the Apec summit in Shenzhen. (AFP) Edited by Edmond Fong

Read full article
More News
Copyright © 2015 - 2026 The Financial Capital.

All Rights Reserved.

Subscribe Now!

About Us

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.