This article is from the source 'bbc' and was first published or seen on . The next check for changes will be
You can find the current article at its original source at https://www.bbc.com/news/articles/cj9zedgkm21o
The article has changed 9 times. There is an RSS feed of changes available.
Version 5 | Version 6 |
---|---|
China accuses Nvidia of violating anti-monopoly laws | China accuses Nvidia of violating anti-monopoly laws |
(32 minutes later) | |
China's market regulator has said US computer chipmaker Nvidia has violated Chinese anti-monopoly laws. | China's market regulator has said US computer chipmaker Nvidia has violated Chinese anti-monopoly laws. |
The country's market watchdog did not give details of how Nvidia had breached the rules, but said it would continue to investigate the matter. | The country's market watchdog did not give details of how Nvidia had breached the rules, but said it would continue to investigate the matter. |
It comes as US and Chinese officials are holding a second day of trade talks in Spain on Monday in the latest attempt to end a trade war between the world's two biggest economies. | It comes as US and Chinese officials are holding a second day of trade talks in Spain on Monday in the latest attempt to end a trade war between the world's two biggest economies. |
The negotiations, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, also come as the deadline looms for the Chinese owner of TikTok to find a buyer or face a ban in America. | The negotiations, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, also come as the deadline looms for the Chinese owner of TikTok to find a buyer or face a ban in America. |
Top level trade delegations from Beijing and Washington last met in July, when they struck a deal to extend their tariffs truce by another 90 days until 10 November. | Top level trade delegations from Beijing and Washington last met in July, when they struck a deal to extend their tariffs truce by another 90 days until 10 November. |
During this week's talks, officials are also expected to lay the groundwork for a potential meeting between Trump and Chinese President Xi Jinping as soon as October, when they are scheduled to attend a summit in South Korea. | During this week's talks, officials are also expected to lay the groundwork for a potential meeting between Trump and Chinese President Xi Jinping as soon as October, when they are scheduled to attend a summit in South Korea. |
The tariffs truce between China and the US cut import taxes that had reached more than 100% on each other's goods. | The tariffs truce between China and the US cut import taxes that had reached more than 100% on each other's goods. |
The extension gave them more time for negotiations about "unfair trade practices" and to address national security issues, the White House said. | The extension gave them more time for negotiations about "unfair trade practices" and to address national security issues, the White House said. |
China launched an investigation into Nvidia in December last year which was seen as the latest retaliation in a battle between the US and China over the semiconductor chip market. | China launched an investigation into Nvidia in December last year which was seen as the latest retaliation in a battle between the US and China over the semiconductor chip market. |
The US had been tightening restrictions on sales of certain exports to Chinese companies, including high-end semiconductors. | The US had been tightening restrictions on sales of certain exports to Chinese companies, including high-end semiconductors. |
The talks in Madrid are expected to address the issue of what chips, including those made by Nvidia, are allowed to enter China. | The talks in Madrid are expected to address the issue of what chips, including those made by Nvidia, are allowed to enter China. |
China-US trade talks, headed by China's He Lifeng and Scott Bessent of the US, started on Sunday | China-US trade talks, headed by China's He Lifeng and Scott Bessent of the US, started on Sunday |
After initially calling for TikTok to be banned during his first term, Trump has reversed his stance on the popular video-sharing app and delayed the ban three times so far. | After initially calling for TikTok to be banned during his first term, Trump has reversed his stance on the popular video-sharing app and delayed the ban three times so far. |
The BBC has contacted Nvidia, the White House and TikTok for comment. | |
Speaking to reporters on Sunday, Trump said: "We may let [TikTok] die. Or we may… I don't know. It depends. Up to China, it doesn't matter too much." | Speaking to reporters on Sunday, Trump said: "We may let [TikTok] die. Or we may… I don't know. It depends. Up to China, it doesn't matter too much." |
It came as expectations grow that the deadline, which is due to expire on Wednesday, will be extended for a fourth time. | It came as expectations grow that the deadline, which is due to expire on Wednesday, will be extended for a fourth time. |
Last month, Trump suggested that he would keep extending the deadline until a buyer for TikTok could be found and called national security and privacy concerns related to the app and its Chinese parent company ByteDance "highly overrated". | Last month, Trump suggested that he would keep extending the deadline until a buyer for TikTok could be found and called national security and privacy concerns related to the app and its Chinese parent company ByteDance "highly overrated". |
Trump was highly critical of TikTok during his first term in the White House but softened his position after he gained popularity on the app during the 2024 presidential election. | Trump was highly critical of TikTok during his first term in the White House but softened his position after he gained popularity on the app during the 2024 presidential election. |
In August, The White House launched its official TikTok account. | In August, The White House launched its official TikTok account. |
The app is one of the world's most widely-used social media platforms, with around 170 million users in the US. | The app is one of the world's most widely-used social media platforms, with around 170 million users in the US. |