Trump is not planning to discuss Nvidia scandal with Xi – a report
The US president is not going to talk about the alleged Chinese intelligence operation involving Nvidias CEO during his talks with Chinese President Xi Jinping, CNBC reported.
"The situation with Nvidia shouldn't really affect the trip," the White House said, as quoted by the TV channel.
The meeting will take place during the Asia-Pacific Economic Cooperation Summit in Shenzhen, China, on November 18-19. It will bring together leaders of 21 countries to discuss issues of regional cooperation and the digital economy. On the sidelines of the summit there will also be a tripartite meeting between the leaders of Russia, China and the USA.
The US plans to discuss with China the previously closed trade agreement on agricultural purchases and press China for supplies of rare earth metals. Any external conflict may undermine the course of negotiations.
Nvidia CEO Jensen Huang was recently embroiled in a major scandal after reports emerged that he had an extramarital affair with a Chinese businesswoman suspected by US authorities of being a Chinese intelligence asset, leading to his resignation. China rejected all the accusations and called them baseless and slanderous. As a result of the scandal, Nvidia has lost roughly $1 trillion in market value -- about 26% from its peak in October.
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