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Each item is one event, written from several sources, with a footnote for every fact.

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Policy

US allows H20 sales to resume with a 15% revenue share

In July 2025 the US let Nvidia and AMD resume selling downgraded AI chips to China on condition that 15% of that revenue go to the US government, an unprecedented arrangement that raised questions over whether it amounts to an export tax.

Policy

U.S. adds Zhipu AI to the Entity List

In January 2025 the U.S. Commerce Department placed Zhipu AI, a Tsinghua University spin-out and one of China's AI tiger startups, on its Entity List. The company rejected the decision and later listed in Hong Kong.