Trump’s administration U-turns on ZTE ban
Despite the rhetoric about China stealing US jobs, Trump’s administration has softened its stance to help save telecoms equipment giant ZTE.
ZTE is one of China’s biggest telecoms companies. Last week, Telecoms reported the company had suspended its operations citing a ban from U.S lawmakers. Washington accused ZTE of violating U.S export restrictions and making illegal shipments to Iran and North Korea.
As a result of...