this post was submitted on 11 Aug 2023
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China's tech titans scramble to buy $5 billion of Nvidia chips as US bans investment in key Chinese sectors, report says (markets.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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China's tech titans scramble to buy $5 billion of Nvidia chips as US bans investment in key Chinese sectors, report says::Alibaba, TikTok-owner Bytedance, and other Chinese tech giants have reportedly rushed to order Nvidia chips as US-China trade tensions mount.

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[โ€“] Proweruser@feddit.de 3 points 1 year ago (1 children)

When has China engaged in this behaviour? I only know of price dumping. Outright sanctions would be news to me.

[โ€“] makingStuffForFun@lemmy.ml 9 points 1 year ago

Look up China's recent Australian blockades on trade. Would not allow Australian wine and other products into China, unless Australia played like a good little dog and did as required by China.