Signage is displayed at the ZTE Corp. headquarters in Shenzhen, China, on Monday, June 4, 2018. Photo: Giulia Marchi/Bloomberg
The U.S. Department of Commerce is cracking down on ZTE in some unprecedented ways.
June 07, 2018 at 01:22 PM
1 minute read
senior reporter
The original version of this story was published on Corporate Counsel
The U.S. Department of Commerce Thursday announced new sanctions on the Chinese telecom giant ZTE Corp. that will replace the export denial order previously imposed.
Both the sanctions and the lifting of the export ban are in many ways unprecedented.
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