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Beijing pushes back on Nvidia spy claims as Xi-Trump summit nears

Published Nov 12, 2026
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Summary:
  • China said the US should not use spying allegations tied to Nvidia CEO Jensen Huang to justify tech curbs and noted it is in contact with American counterparts ahead of a leaders' meeting.
  • Foreign Ministry spokesperson Mao Ning said China's scientific progress is built on independent innovation and open cooperation.
  • The scandal is adding friction before a Xi Jinping and President Donald Trump meeting next week, with under two months to go in the trade ceasefire.

What Beijing said at the briefing

When questioned about the Nvidia episode and how it might affect relations, Foreign Ministry spokesperson Mao Ning said, "China's scientific progress relies on independent innovation and open cooperation." She added, "The US should stop fabricating the so-called Chinese spy narrative as a pretext for imposing technology restrictions." Beijing also indicated it was communicating with American counterparts in the run-up to a planned meeting between the nations' leaders.

Why the timing matters

Tensions surrounding Huang are complicating next week's summit that will bring Chinese leader Xi Jinping together with President Donald Trump, arriving with under two months left in the current trade truce. That backdrop raises the stakes for any fresh restrictions tied to national security or advanced chips.

When global developments touch technology, investors gain by learning how tools evolve. We're hosting our first ever investor livestream on 11/17 to show you how to use ChatGPT and Claude to invest like a pro, hosted by Briefs Finance CEO Jaspreet Singh. Save your seat.

Washington's posture and Beijing's closer

In Washington, lawmakers have urged tighter controls on tech products since allegations emerged accusing Huang of a relationship with a Chinese spy. Mao said China would "work with the US to act on the important common understandings reached between the two presidents, and build a constructive relationship of strategic stability on the basis of respect, fairness and reciprocity."

Keeping an open mind about new information can help investors sharpen their edge. On 11/17, our CEO Jaspreet Singh goes live for our first ever investor livestream on how to use ChatGPT and Claude to invest like a pro. Register to join him.

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