Ban Reversed! ZTE Saved From Brink

Ban Reversed! ZTE Saved From Brink

LEADERSHIP
U.S. reverses a ban on its buying parts from U.S. suppliers, allowing China’s No. 2 telecommunications equipment maker to get back into business. Under the deal, ZTE will change its board and management within 30 days, pay a $1 billion fine and put $400 million in escrow. The government will suspend the 10-year ban but […]
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