• China to protect 'legitimate rights' after US penalizes ZTE

    11 monthes ago - By Chron

    BEIJING - China's government said Tuesday it was ready to protect its "legitimate rights" after U.S. authorities penalized one of the country's most prominent tech companies in a case involving exports of telecoms equipment to Iran and North Korea.
    The Commerce Ministry expressed hope Washington would treat ZTE Corp. fairly after the U.S. Commerce Department concluded it paid bonuses to employees involved in the export scheme instead of disciplining them as promised in 2017.
    The Commerce Department on Monday barred state-owned ZTE for seven years from importing American components.
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