Latest news with #HouseSelectCommittee
Yahoo
12 hours ago
- Business
- Yahoo
Ex-Australian PM Morrison to testify before US House panel on China
By David Shepardson WASHINGTON (Reuters) -Former Australian Prime Minister Scott Morrison will testify at a U.S. House panel hearing on Wednesday about countering China's "economic coercion against democracies," the committee said on Friday. Former U.S. ambassador to Japan Rahm Emanuel will also testify before the House Select Committee on China. Relations with China, already rocky after Australia banned Huawei from its 5G broadband network in 2018, cooled further after Canberra called for an independent investigation into the origins of COVID-19. China responded by imposing tariffs on Australian commodities, including wine and barley and limited imports of Australian beef, coal and grapes, moves described by the United States as "economic coercion." Morrison was defeated in a bid for reelection in 2022. Reuters reported this week Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to China, sources familiar with the matter said, a move towards ending a years-long freeze in the trade. China imposed 100% tariffs on Canadian canola meal and oil this year amid strained diplomatic ties. Australian Prime Minister Anthony Albanese visited China this week, underscoring a warming of ties. Emanuel, who told a Chicago news outlet last month he is considering a run for president in 2028, has been a harsh critic of China, saying last year Beijing constantly uses coercion and pressures other countries, including Japan and the Philippines. "Economic coercion by China is their most persistent and pernicious tool in their toolbox," Emanuel said in a separate speech in 2023. The Chinese Embassy in Washington did not immediately comment. Solve the daily Crossword
The Hill
17 hours ago
- Business
- The Hill
Top Republican on House China panel questions reversal of Nvidia chip curbs
Rep. John Moolenaar (R-Mich.), chair of the House Select Committee on the Chinese Communist Party, is pushing back on the Trump administration's decision to allow technology company Nvidia to sell certain artificial intelligence (AI) chips to China once again. In a letter to Commerce Secretary Howard Lutnick on Friday, the congressman raised concerns about the reversal on Nvidia's H20 chips, suggesting it could boost China's AI capabilities. 'The H20, which is a cost-effective and powerful AI inference chip, far surpasses China's indigenous capability and would therefore provide a substantial increase to China's AI development,' Moolenaar wrote. Nvidia announced Monday that the chipmaker is filing out applications to sell its H20 chips again after receiving assurances from the Trump administration that its licenses would be granted. The chipmaker revealed earlier this year that the U.S. government was implementing new licensing requirements that would limit its ability to sell the chips in China. The reversal came shortly after Nvidia CEO Jensen Huang met with President Trump. Lutnick suggested the Trump administration opted to ease the restrictions as part of a broader rare earth deal with China, underscoring that Beijing is only getting Nvidia's 'fourth best' chip. However, Moolenaar argued the key issue is how the H20 chip compares to those being developed in China and proposed the Commerce Department peg its export controls to a 'slight technical improvement' on China's current capabilities. 'As the Trump administration has repeatedly stated, the U.S. must ensure that American rather than Chinese tech companies build the global AI infrastructure,' he added. 'At the same time, however, we must also ensure that the world does not adopt Chinese AI models trained on U.S. technology.' 'Approving the sale of large volumes of H20s could give China the computer power it needs to develop powerful AI models that are open to users free of charge as DeepSeek has done with R1,' Moolenaar continued. 'As China has done in so many other industries, this is a deliberate strategy to capture market share and become the global standard.'
Perth Now
19 hours ago
- Business
- Perth Now
Ex-Aust PM Morrison to testify before US House on China
Former Australian prime minister Scott Morrison will testify at a US House panel hearing about countering China's "economic coercion against democracies," the committee says. Former US ambassador to Japan Rahm Emanuel will also testify on Wednesday before the House Select Committee on China. Relations with China, already rocky after Australia banned Huawei from its 5G broadband network in 2018, cooled further after Canberra called for an independent investigation into the origins of COVID-19. China responded by imposing tariffs on Australian commodities, including wine and barley and limited imports of Australian beef, coal and grapes, moves described by the United States as "economic coercion." Morrison was defeated in a bid for re-election in 2022. Reuters reported this week Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to China, sources familiar with the matter said, a move towards ending a years-long freeze in the trade. China imposed 100 per cent tariffs on Canadian canola meal and oil this year amid strained diplomatic ties. Australian Prime Minister Anthony Albanese visited China this week, underscoring a warming of ties Emanuel, who told a Chicago news outlet in June he is considering a run for president in 2028. Emanuel as been a harsh critic of China, saying in 2024 Beijing constantly uses coercion and pressures other countries, including Japan and the Philippines. "Economic coercion by China is their most persistent and pernicious tool in their toolbox," Emanuel said in a separate speech in 2023. The Chinese Embassy in Washington did not immediately comment.
Yahoo
a day ago
- Business
- Yahoo
Top Republican on China panel objects to resumption of Nvidia H20 chip shipments
WASHINGTON (Reuters) -The chairman of the House Select Committee on China objected on Friday to the resumption of Nvidia selling H20 AI chips to China in a letter to U.S. Commerce Secretary Howard Lutnick, warning it may advance China's AI capability and help its companies capture global AI model market share. The decision this week to allow Nvidia to resume sales reversed an export restriction imposed in April that is designed to keep the most advanced AI chips out of Chinese hands over national security concerns, an issue that has found rare bipartisan support. It drew swift questions and criticism from U.S. legislators. "The Commerce Department made the right call in banning the H20," Republican Representative John Moolenaar wrote on Friday. "We can't let the (Chinese Communist Party) use American chips to train AI models that will power its military, censor its people, and undercut American innovation." Nvidia said earlier this week it had been assured by the U.S. government that it would be permitted to resume sales to China of its H20 graphics processing unit, an important source of revenue for the world's most valuable company and a sign the United States was relaxing restrictions on the export of AI technology to China. Shares of Nvidia turned negative on Friday after the news regarding the artificial intelligence chip. Nvidia declined to comment. A representative of the Commerce Department did not immediately respond to a request for comment. On Tuesday, Lutnick said the planned resumption of sales of the H20 chip was part of U.S. negotiations on rare earths and magnets. According to an April 2025 report by the Select Committee, Nvidia's H20 chips were instrumental in enabling an AI model by Chinese company DeepSeek that surprised the world earlier this year. Tech giants like China's Tencent also have used H20s to train massive AI systems, Moolenaar said. Solve the daily Crossword
Bloomberg
a day ago
- Business
- Bloomberg
House China Panel Faults Trump's Move to Ease Nvidia AI Chip Sales
The Trump administration's decision allowing Nvidia Corp. to resume shipments of its H20 artificial intelligence chips to China risks bolstering Beijing's military capabilities and expanding its capacity to compete with the US in AI, according to the head of the US House Select Committee on China. 'The H20, which is a cost-effective and powerful AI inference chip, far surpasses China's indigenous capability and would therefore provide a substantial increase to China's AI development,' Chairman John Moolenaar, a Michigan Republican, said Friday in a letter to Commerce Secretary Howard Lutnick, whose agency oversees semiconductor export controls. 'We must not allow US companies to sell these vital artificial intelligence assets to Chinese entities.'
