US hits Chinese telecoms giant ZTE with seven-year components ban
4,007 views · Published 17 April 2018 · 2:00 · Indexed 19 October 2026
Channel: South China Morning Post · 2018 · News & Politics
Subscribe to our YouTube channel here: https://sc.mp/2kAfuvJ The US government has banned American companies from selling components to Chinese telecoms equipment maker ZTE for seven years. The company was accused of making false statements during an investigation into sales of its equipment to Iran and North Korea, which is in violation of the UN sanctions resolutions. The move comes amid the threat of a US-China trade war, and ZTE is likely to lose market share in the US.
