White House Defends Plans to Send Nvidia AI Chips to China
Plans to sell Nvidia’s H200 chips to Chinese customers are in line with national security policy and export controls, White House press secretary Karoline Leavitt said during a Dec. 11 press briefing “The administration continues to maintain a strict export
The head of the International Monetary Fund (IMF) on Dec. 10 urged China to rebalance its economy away from exports and investment toward domestic consumption, warning that the world’s second-largest economy is now too big to rely on foreign demand for
While many economists criticize China’s long-term suppression of the RMB exchange rate and call for further appreciation, former International Monetary Fund (IMF) chief economist Kenneth Rogoff stands out, stating that the RMB is overvalued. “If China were to