
Beijing clarifies offshore trust tax rules, exempting Hong Kong MPF accounts
By Marcus Chen
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Jensen Huang’s abrupt resignation stunned some Nvidia staff in China and raised questions about the future of the US chipmaker’s operations in a market its co-founder had spent years cultivating, according to company sources. “It’s the end of an era. I really don’t understand why Huang was asked to resign – no one benefits from him stepping down,” one Nvidia employee in China said, declining to be named as they were not authorised to speak to the media. A second employee said colleagues looked...