Despite escalating trade restrictions, a wave of visits by US executives to China reflects the business community’s push to strengthen economic ties. Among them, Nvidia CEO Jensen Huang’s recent visit to Beijing — his second trip to China in just three months — highlights the urgency felt by American tech firms in maintaining relations with the country.
Since 2022, the US government has successively tightened restrictions on Nvidia’s chip exports to China, first banning the A100, the more powerful H100 and later the slower A800 and H800 chips the company then developed for the Chinese market. In response, Nvidia designed the H20 to comply with US export controls.
However, the company said it was informed by the US government on April 9 that the H20 would require a license to be exported to China, and on April 14, it learned this requirement would be in place indefinitely.
Facing charges of $5.5 billion related to H20 products for inventory, purchase commitments and related reserves, Nvidia may suffer even greater revenue losses from the Chinese market. Its stock price has continued to decline, resulting in a significant drop in market value.
In this context, Huang’s visit was seen as a strategic move aimed at stabilizing Nvidia’s foothold in China. During meetings with senior officials, he expressed optimism about the country’s economic outlook and said Nvidia is committed to further deepening its presence in the Chinese market, with the aim of contributing positively to US-China economic and trade cooperation.
Earlier, Apple CEO Tim Cook traveled to Beijing to attend the China Development Forum 2025. During his visit, Apple announced plans to set up a new clean energy fund in China worth 720 million yuan ($99.22 million) to expand its clean energy capacity in the country.
Around the same time, Cristiano Amon, president and CEO of Qualcomm, also paid a visit to Beijing. In a meeting with Chinese Commerce Minister Wang Wentao, Amon expressed full confidence in the country’s future development and said that the company will continue to increase its investment in China.
Beyond the technology sector, top executives from prominent US financial firms such as Bridgewater Associates, Blackstone and Citadel Securities have made recent trips to China, delivering a consistent message: optimism about China’s economic prospects, plans to scale up their investment and a desire to deepen their presence in the Chinese market.
These visits underline a fundamental reality: after decades of integration, the Chinese and US economies have been tightly interwoven through technology, capital and talent. While the US government continues to adopt a restrictive stance, many companies remain pragmatic, prioritizing partnership over decoupling.
The views are extracted from Jiuwanli (meaning 90,000 Miles) account and do not necessarily reflect those of facts.org.cn.
