How Nvidia scandal, US midterm losses could affect Trump’s hand with Xi - and what it means for Beijing
Résumé détaillé
US President Donald Trump is set to meet Chinese counterpart Xi Jinping at the APEC summit in Shenzhen, amid questions over his negotiating leverage.
US President Donald Trump is set to meet Chinese counterpart Xi Jinping at the APEC summit in Shenzhen, amid questions over his negotiating leverage.
SHANGHAI: A suspected Chinese spy, a technology titan embroiled in scandal and a bruising midterm election defeat.
United States President Donald Trump faces a complicated political backdrop as he prepares to meet Chinese counterpart Xi Jinping next week, in their third encounter this year.Trump has said he expects to meet Xi on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Shenzhen on Nov 18 and 19.Much rides on the talks. A fragile trade truce between the world’s two largest economies runs only until Jan 10, while disputes over tariffs, agricultural purchases and technology remain unresolved.But the political landscape in Washington has shifted since their last meeting in September.
Democrats have wrested control of both chambers of Congress. Meanwhile, allegations that Nvidia CEO Jensen Huang had an affair with a suspected Chinese spy have triggered demands for congressional investigations.
China’s foreign ministry has dismissed the spying allegations as “groundless speculation” and a smear campaign.
The twin developments raise questions about whether Trump will arrive in Shenzhen with a weaker negotiating hand - and whether his political troubles will give Beijing an advantage or complicate its own calculations.
Some analysts believe the Nvidia controversy has compounded Trump's midterm setbacks, weakening his negotiating position with China.The American tech firm is the world’s leading supplier of advanced artificial intelligence chips. Huang has pushed for greater access to the Chinese market, even as Washington restricts exports of its most cutting-edge products over national security concerns.
“That’s the key question: when did (Trump) know about this?” Dexter Tiff Roberts, a non-resident senior fellow at the Global China Hub of US think-tank Atlantic Council, told CNA, referring to Huang’s…
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