China has strongly criticized recent U.S. actions, including new restrictions on AI chip exports and plans to revoke Chinese student visas, accusing the U.S. of violating a recent trade truce. The U.S. measures, aimed at curbing China’s technological advancements, have escalated tensions between the two nations. AP News
Key Points:
- S. imposes AI chip export restrictions and plans to revoke Chinese student visas, citing national security concerns.
- China accuses the U.S. of violating a recent trade agreement and threatens retaliatory measures. AP News
- Global financial markets react negatively, with declines in major stock indices across Europe, Asia, and the U.S. Investopedia
👉 Why this matters: These developments highlight the ongoing strategic competition between the U.S. and China over technologies like AI, with potential global economic implications.
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