Nvidia flew to Beijing with Trump to sell but China said no

Support us Porsche just opened, in Shanghai, its first integrated R&D hub outside Germany. Photo: ChinaEVHome A month ago, the CEO of the world’s most valuable company boarded Air Force One in Alaska as a last-minute addition to President Trump’s Beijing delegation. Jensen Huang came to sell Nvidia’s H200 chips, just cleared for export by Washington. But Beijing said no. It’s pushing Chinese firms to use Huawei and other domestic sources instead. Nvidia’s market share in China collapsed from 95% to essentially zero last year. The summit was framed as a negotiation over what China would buy from America: planes, soybeans, chips. The Huang episode reveals Beijing’s actual priority: technological independence, then supremacy. Trade, markets and profitability be damned. As China reaches parity and even overtakes the West in more technologies, the direction of technology transfer is reversing. Early signs are already visible. For decades, the global economic order operated under a comfortable paradigm: the West would invent and China would manufacture. This is now inverting. Over the coming decade, Western companies will increasingly need to license and learn Chinese technology to remain competitive.

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