What lies behind Nvidia’s commitment to ‘unswervingly serving the Chinese market’: Global Times editorial
By Global Times
Published: Apr 19, 2025
https://www.globaltimes.cn/page/202504/1332424.shtml
Nvidia CEO Jensen Huang, who has visited China again three
months after his trip in January, recently publicly stated that the company
would "unswervingly serve the Chinese market" and emphasized China's
key role in the global supply chain. He said Nvidia has grown together with the
Chinese market and achieved mutual success. Against the backdrop of the US
imposing tariffs and banning Nvidia's export of H20 chips to China, Huang's
visit and his emphasis that China is a "very important market for
Nvidia" can be seen as US companies' indirect resistance to US
government's protectionist trade policies. His stance, viewing China as an
opportunity rather than a threat, and the call for cooperation rather than
decoupling, resonates strongly with the American tech and business community.
China is one of the world's largest consumer markets, and its thriving
industrial ecosystem and broad application scenarios provide crucial momentum
for continuous innovation for many American companies like Nvidia. As Huang put
it, in-depth cooperation with Chinese companies has enabled it to evolve into
an even more competitive international enterprise. Previously, some US business
leaders also noted that they don't need to hitch a ride with the US government,
they need the government to clear the path for us. The importance and urgency
of cooperation with China have "unexpectedly" been highlighted
against the backdrop of the US' reckless imposition of tariffs.
Not just in the tech and business industry, the call for "We need China"
has recently spread across various sectors of American society. A recent poll
by Pew Research Center also revealed surprising results. The survey showed that
fewer and fewer Americans now view China as an enemy, with significant
year-over-year decline in the share of Americans with an unfavorable view of
China over the past five years. Bloomberg described this as "a sentiment
that runs counter to the tariff," calling the finding
"surprising." Moreover, on overseas social platforms like TikTok,
Chinese e-commerce has unexpectedly risen to prominence, sparking a new wave of
"Made in China" enthusiasm among US consumers. Many influencers have
posted unboxing videos of products bought from Chinese e-commerce platforms,
exclaiming that they can get the same quality items for just a tenth of the
price.
Despite Washington frequently sent signals of confrontation, which has pushed
China-US economic relations to the brink and, American society is not in favor
of a zero-sum game between the two countries. Pew's survey results, to some
extent, puncture the bubble of the so-called tariff policies inflated by
Washington. Relevant approach has not reflected public opinion in the US, but
instead oversimplifies the complexity and multifaceted nature of the bilateral
relationship, turning it into a full-scale confrontation. Washington's abuse of
tariffs ignores the high degree of economic complementarity between the two
countries and the practical needs of their people, creating chaos and
uncertainty for both the US and the global economy - something the American
public is feeling firsthand.
Those who are "surprised" by public opinion should reflect on what
exactly is American public's attitude toward China, and who is
"influencing" Americans' perceptions of China. Over the past few
years, the so-called "China threat" has almost become the default
opening line for politicians when discussing China, and the attitudes of some
members of the public have also been affected. "China is taking advantage
of the US," "the US must get the trade imbalance fixed," and
"pursuing economic containment of China to achieve 'America First'" -
this is the outdated logic behind Washington's so-called tariff policies toward
China.
China-US economic and trade cooperation has brought enormous economic benefits
to both sides, and the US has benefited just as much as China. The US imports a
large volume of consumer goods, intermediate goods, and capital goods from
China, supporting the development of its manufacturing supply chains and
industrial chains, enriching consumer choices, lowering the cost of living, and
improving the real purchasing power of the American public, especially for
middle- and lower-income groups. When taking into account goods trade, services
trade, and the local sales revenue of domestic enterprises operating in each
other's countries, the economic gains from China-US trade are roughly balanced.
These facts cannot be concealed by lies or slander; in fact, the more China-US
economic and trade relations come under strain, the more likely these truths
are to resonate within the US.
Gavin Newsom, governor of California, recently announced plans to sue the US
federal government over its abuse of tariff policies, stating, "We're
standing up for American families who can't afford to let the chaos
continue."
The hope of the China-US relationship lies in the people, its foundation is in
the two societies, its future depends on the youth, and its vitality comes from
exchanges at subnational levels. According to the public opinion survey
conducted by the Global Times Institute (GTI) on "mutual perceptions
between China and the US" in 2024, around 90 percent of respondents from
both China and the US express concern over bilateral relations, with mainstream
public opinion in both countries favoring strengthened economic and trade
exchanges, people-to-people exchanges, and cooperation on climate change.
The phenomenal grassroots interactions between Americans and Chinese on social
media recently also reflect that, beneath the anti-China clamor stirred up by
some Washington politicians, there remains a strong, constructive desire among
the people of both nations for peaceful coexistence and cooperative engagement.
If the US continues to go its own way, pressing China with tariff blackmail and
inciting for China-US "decoupling," the growing opposition from their
voters may become a political reality that Washington can no longer ignore.
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