China is the real loser from the Jensen Huang affair
The pictures will be all over the internet. Social media will be buzzing with memes, the Netflix dramatization is probably already being scripted, while even the usually sober financial press will have something a lot racier than tariffs and currency swaps to write about. The affair between the Nvidia CEO Jensen Huang and the Chinese “honeytrap” agent Alice Huang makes for a great story, and one that will dominate the headlines for weeks. And yet all the speculation should not obscure one important fact. The real loser from the affair will not be Huang himself, nor will it be Nvidia. It will be China – because the operation has backfired spectacularly. It is a story ripped straight from the pages of a spy thriller.
