Comment on US allows ZTE to resume some business

US allows ZTE to resume some business

WASHINGTON (AP) — U.S. authorities are allowing China's ZTE Corp. to resume some business with American companies, temporarily easing part of a ban imposed over the tech giant's exports to Iran and North Korea. The Commerce Department's order this week follows a settlement under which ZTE agreed to pay a $1 billion fine, replace its executive team and hire U.S.

 

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