Commerce Secretary Howard Lutnick addressed fears in a Senate hearing regarding US technology aid to China. He suggested that the US president is navigating a 'delicate balance' concerning technology transfer, especially given his rapport with Chinese leader Xi Jinping.

US Commerce Secretary Howard Lutnick sought to quell fears in Senate testimony on Wednesday that American technology was aiding China’s military, but drew scepticism given the US president’s willingness to sell advanced semiconductors. Lutnick asserted before the powerful Senate Appropriations Committee that US President Donald Trump was striking a “delicate balance” on the technology transfer issue given his cordial personal relationship with Chinese leader Xi Jinping, claiming that China has.....