Share price plunges indicate who has the upper hand in US/China trade war

If ZTE has acted in violation of US trading regulations there is no question it should be punished, but investor reaction to the ZTE ban perhaps shows US companies depend more on China than vice-versa.
Yesterday the US Department of Commerce’s Bureau of Industry and Security (BIS) has imposed a denial of export privileges order against ZTE, meaning US companies cannot do business with ZTE for seven years. The result of this order will be felt by ZTE, which has been working itself into a us