China warns against new U.S. export controls on computer chips

China "has consistently opposed the abuse of export control measures, which disrupts the stability of global industrial and supply chains and serves no party's interests," foreign ministry spokesperson Mao Ning told a regular press briefing when asked about calls from U.S. lawmakers to impose more limits on exports of chip equipment to China. "China and the United States should work together to implement the important consensus reached by their respective heads of state and maintain the stable development of China-U.S. economic and trade relations," Mao said.

Jensen Huang — who resigned Thursday — has admitted to an affair, reportedly with Alice Huang, a former senior executive at Singapore-based data center company Megaspeed. Commerce Secretary Howard Lutnick is under fire from critics asking whether his ties to Chinese companies and friendship with Jensen Huang contributed to a lack of oversight by the federal agency over billions in Nvidia AI chip sales, CBS News has learned.

Earlier coverage

• Bessent puts Megaspeed heat on Lutnick: "Commerce has the pen" Nov 13
• Nvidia scandal: What’s next for the US tech company? Nov 13
• A Scorecard for Huang’s Exit From Nvidia Nov 13