US throws ZTE a lifeline
It looks like ZTE’s kowtowing to US regulatory authorities is paying dividends, as it has been granted permission to conduct some limited business activities there.
Having thrown everything at the problem, including the complete replacement of its board of directors, ZTE still faced the prospect of remaining in the dog house thanks to the US Senate’s resistance to President Trump’s ad hoc deal making efforts. But the US Bureau of Industry and Security, which imposed the lethal
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