Financial Times

Industry News

Nvidia Asks Data Center Partners to Limit Chinese Customer Exposure Below Fifty Percent

Nvidia has instructed its cloud computing partners to ensure at least 51% of their business comes from non-Chinese customers, according to media reports. The guidance reportedly applies to new contracts and was delivered verbally through regional sales channels rather than written directives. The move comes amid stricter US export regulations affecting Chinese access to advanced computing chips.

Industry News

China Urges Fair Cooperation Following Reports of Nvidia AI Data Center Restrictions

Chinese Foreign Ministry spokesperson Mao Ning responded to reports that Nvidia instructed cloud partners to limit services provided to Chinese firms. Mao stated she was unfamiliar with the specifics but emphasized that all parties should cooperate based on fairness, transparency, and non-discrimination. The response followed a Financial Times report claiming Nvidia told partners that at least 51 percent of service revenue must come from non-Chinese clients.

China–UAE News

Saudi Arabia mBridge Exit Highlights Realities of Cross-Border Payment Diversification

Saudi Arabia's central bank ended its participation in the mBridge multi-CBDC platform after finishing a proof of concept in May 2025, according to an analysis published by the South China Morning Post citing the Financial Times. The project continues with participants including mainland China, Hong Kong, Thailand, and the UAE, alongside the recent activation of the Monetary Authority of Macao. The author argues that payment diversification reflects practical settlement efficiency rather than an outright abandonment of the US dollar.