US, China Near Rescue Deal for Chinese Telecom Firm ZTE

The United States and China are nearing a deal to lift the seven-year ban on the sale of American-made components to the giant Chinese telecommunications company ZTE, part of ongoing trade talks between the world's two biggest economies. Details of the pact are still being worked out, but U.S. news accounts Tuesday said that as part of the accord, ZTE would make major changes in its management and possibly pay additional penalties beyond the $1.2 billion fine the U.S. imposed on it...

© La Voix de l'Amérique - mardi 22 mai 2018