US-China Tensions Escalate After Nvidia CEO's Resignation Amid Alleged Espionage Controversy

The resignation of Nvidia CEO Jensen Huang and the alleged Chinese espionage controversy have rekindled technical and diplomatic tensions between the US and China. According to a Financial Times report, China has issued a stern warning to the US, asking it not to use former Nvidia CEO Jensen Huang's relationship with an alleged Chinese spy as an excuse to further tighten export restrictions on critical technologies. Speaking to reporters in Beijing, Chinese Foreign Ministry spokesperson Mao Ning said, "The US should stop fabricating espionage stories to find excuses to impose technological blockades." He stressed that China's technological progress is dependent on independent innovation and open cooperation and Beijing is ready to build a constructive strategic stability with the US. The Chinese foreign ministry statement came hours before Jensen Huang resigned on Sunday. On Thursday, November 12, the chairman of the board of AI, who co-founded Nvidia in 1993 and led the company to the top of the world, accepted Huang's resignation.