United States & China — National Development and Reform Commission

United States: The new Chinese regulations are seen as a retaliatory toolkit against US entities that participate in outbound investment screening of Chinese capital, potentially leading to trade bans against US firms.

China — National Development and Reform Commission: The China — National Development and Reform Commission issued the order to unwind the acquisition, highlighting China's regulatory power over cross-border tech deals.

United States: The US is involved as the home country of Meta and in the broader US-China tech rivalry. The block may prompt US companies to reconsider cross-border AI acquisitions.

China — National Development and Reform Commission: The NDRC blocked the acquisition and ordered its withdrawal, citing technology transfer concerns. This action underscores China's regulatory authority over cross-border tech deals involving Chinese-origin technology.

United States: The United States has approved the sale of Nvidia's H200 chips to Chinese firms but has also imposed export controls and security requirements, complicating the trade. The U.S. also seeks to receive 25% of the revenue from these sales.

China — National Development and Reform Commission: The China — National Development and Reform Commission in China plays a role in economic planning and strategic development, including the push for domestic AI chip production.

United States: The US is leading the talks to address AI risks and protect intellectual property, seeking to maintain technological leadership.

China — National Development and Reform Commission: The NDRC is among Chinese agencies that did not respond to requests for comment, indicating involvement in the talks.

United States: The US has similarly restricted access to its AI models, and its actions are cited as a parallel to China's potential measures.

China — National Development and Reform Commission: The NDRC attended the meetings and previously ordered Meta to unwind its acquisition of Manus, indicating its role in AI regulation.

United States: The United States is actively trying to break China's dominance in rare earths refining by investing in domestic production and education, but it currently lags significantly in talent and research infrastructure. This event underscores the challenges the United States faces in rebuilding its rare earths expertise.

China — National Development and Reform Commission: This Chinese government agency, responsible for macroeconomic planning, did not respond to questions regarding the crackdown on rare earths expertise and fostering experts.

United States: Xi criticized US for overstretching national security in AI; US export controls on chips continue to impact China's AI development.

China — National Development and Reform Commission: Co-organized WAIC, Zhou Haibing spoke at press conference.