China urges US to abandon zero-sum mindset on trade restrictions

Published 18/07/2025, 08:04
© Reuters

Investing.com -- China has called on the United States to abandon its "zero-sum mindset" and continue removing "unjustified" trade and economic restrictions, according to a statement from the Chinese commerce ministry on Friday.

The ministry’s comments follow a decision by US government officials to approve export licenses for Nvidia (NASDAQ:NVDA)’s H20 artificial intelligence accelerator.

China expressed hope that the US would work "in the same direction" with China toward mutual progress.

The commerce ministry also urged the US to "correct wrong practices" through equal talks to create a favorable environment for companies from both countries.

The statement emphasized the importance of jointly maintaining stability in the global chip production and supply chain.

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