U.S. reaches deal to keep China’s ZTE in business -congressional aide

By David Shepardson and Karen Freifeld WASHINGTON, May 26 : The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business after it pays a significant fine and makes management changes, a senior congressional aide said on Friday. U.S. President Donald Trump appeared to […]

U.S. reaches deal to keep Chinese telecom ZTE in business -congressional aide

By David Shepardson WASHINGTON, May 25 : The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business, a senior congressional aide said on Friday. The deal, communicated to officials on Capitol Hill by the Commerce Department, requires ZTE to pay a substantial fine, […]