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The Deal to Save ZTE Won't Resolve US-China Tensions

Business, Spoken

English - June 08, 2018 16:30 - 6 minutes - ★★★★ - 16 ratings
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The Trump administration just came to an agreement to lift crippling sanctions against Chinese telecommunications ZTE. Ending the sanctions banning US companies from selling hardware or software to ZTE could save the company, which announced last month that it had suspended its major operations due to the restrictions. But the tensions between the US and China are far from over. Congress is investigating both Google and Facebook over their dealings with Huawei and other Chinese firms.
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The Trump administration just came to an agreement to lift crippling sanctions against Chinese telecommunications ZTE. Ending the sanctions banning US companies from selling hardware or software to ZTE could save the company, which announced last month that it had suspended its major operations due to the restrictions. But the tensions between the US and China are far from over. Congress is investigating both Google and Facebook over their dealings with Huawei and other Chinese firms.

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