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China-US relations at forum in Hong Kong calls for maintaining partners' relationship

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China-US relations at forum in Hong Kong calls for maintaining partners' relationship

2025-11-20 06:40 Last Updated At:07:17

Global experts and scholars gathered at the sixth United States-China Hong Kong Forum in the Hong Kong Special Administrative Region on Monday and Tuesday, calling for overcoming differences between the two countries and maintaining the partners' relationship.

The annual event brought together more than 350 guests from across China, the United States, Singapore, Germany, and India to discuss topics such as deepening people-to-people exchanges between the two countries.

National Committee on U.S.-China Relations Board Chair Charlene Barshefsky, a former U.S. trade representative, rebuked the decoupling between China and the United States advocated by some U.S. think tanks.

"I think to decouple the economies is, first of all, highly unrealistic, and second of all, potentially destructive of global growth, which would be counterproductive," she said.

Late former U.S. President Richard Nixon's grandson, Christopher Nixon Cox, a board member of the Richard Nixon Foundation, expressed his hope that the diplomatic wisdom his grandfather demonstrated in breaking the ice for U.S.-China relations back then can continue to contribute to the healthy development of bilateral ties today.

"It's through that focusing on mutual interest, and then working out differences that I think he could make a very big difference today in terms of making the relationship between China and the United States even better," he said.

Participants also discussed topics such as artificial intelligence, technology governance, and supply chain resilience.

"All voices should be heard, and then together form a joint force to promote the development of relations between the two countries. I think it's fine for voices to differ and opinions to vary, but there must be one consensus, that is, China and the United States should be partners," said Shen Xin, vice president of the Chinese People's Association for Friendship with Foreign Countries.

Themed "Circles for Peace", the sixth U.S.-China Hong Kong Forum is organized by the China-United States Exchange Foundation (CUSEF), a Hong Kong-based non-governmental organization dedicated to promoting dialogue between the two countries, and co-organized by the Chinese People's Association for Friendship with Foreign Countries.

China-US relations at forum in Hong Kong calls for maintaining partners' relationship

China-US relations at forum in Hong Kong calls for maintaining partners' relationship

Moore Threads Technology Co., Ltd., a leading Chinese graphics processing unit (GPU) developer, saw its share price surge by more than 400 percent as it made its debut Friday on the Shanghai Stock Exchange's STAR Market, China's Nasdaq-style Science and Technology Innovation Board.

Offered at 114.28 yuan (about 16.15 U.S. dollars) per share in its initial public offering (IPO), Moore Threads Technology Company opened at 650 yuan and peaked at 688 yuan on Friday, up 502 percent. By market close, its share price stood at 600.50 yuan, up 425.46 percent.

The bids received exceed the entire market capitalization of U.S. industry leader Nvidia.

Moore Threads was founded in 2020 by former Nvidia China head James Zhang Jianzhong. The company specializes in developing universal GPU chips and related products that support combined workloads, including AI computing acceleration, 3D graphics rendering, ultra-high-definition video encoding, physical simulation, and scientific computing.

The company completed its entire IPO process in only 122 days, from the acceptance of its application on June 30 to the completion of registration on Oct. 30.

The successful IPO comes despite the company having been placed under U.S. sanctions in 2023.

Chinese GPU developer sees stock price surge on market debut

Chinese GPU developer sees stock price surge on market debut

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