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At the Beyond Tech Expo in Macao, US-China tensions are influencing discussions, particularly regarding export markets and competitive pressures within China. Entrepreneurs emphasize the need to seek international opportunities amid intense domestic competition and regulatory challenges.Huawei remains a focal point in the ongoing chip tensions, with the US warning companies globally about compliance with export rules, prompting a strong response from China, which threatens legal action against compliance with US sanctions.
China has threatened legal action against anyone enforcing U.S. restrictions on Huawei's semiconductors, claiming it violates China's Anti-Foreign Sanctions Law. This comes after the U.S. banned Nvidia from shipping its AI chips to China, inadvertently boosting Huawei's market share. Despite tensions, there are signs of potential cooperation between the U.S. and China, as both sides express a desire to improve trade relations.
Donald Trump has appointed former senator David Perdue as ambassador to China, emphasizing his extensive international business experience and ties to the region. This choice contrasts with other national security appointments, suggesting a focus on economic diplomacy rather than traditional approaches. Perdue's past support for trade agreements and his corporate background raise questions about his influence on Trump's aggressive trade policies and relations with China.
David Perdue
People
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