Every Friday, we recap highlights of the news from China. Some high-profile visits to China happened this week, and important data was released.

Jensen Huang, Founder & CEO of Nvidia, delivers a speech at the opening ceremony of the third China International Supply Chain Expo in Beijing, on July 16, 2025. Photo: Chi Jingyi

They don’t need Nvidia’s chips … to build their military,” Jensen Huang said in a CNN interview aired Sunday, days ahead of another trip to China.

After Tesla boss Elon Musk and Apple CEO Tim Cook fell out of favour with US President Donald Trump, Nvidia CEO Jensen Huang has emerged as a key player in easing tensions between the United States and China amid ongoing trade war and geopolitical tensions.

Huang is now richer than LVMH’s Bernard Arnault ($147.9 billion) and just behind Google co-founder Larry Page ($150.6 billion).

Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.

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.