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US-China summit yields no trade breakthrough; two more meetings planned
Financial Times·US · CN·about 21 hours ago
At the Xi-Trump summit, US semiconductor executives Nvidia's Jensen Huang and AMD's Lisa Su were seated prominently at the state dinner, signaling their lobbying for restored China market access. However, no concrete progress on easing US chip export controls was announced, with entrenched opposition in both Washington and Beijing. The outcome suggests a continued stalemate on semiconductor policy despite high-level engagement.
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