Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,158,297 members, 7,836,297 topics. Date: Wednesday, 22 May 2024 at 03:38 AM |
Nairaland Forum / Nairaland / General / Donald Trump: We’re Working To Get ZTE ‘back Into Business, Fast’ (321 Views)
How To Unlock Liquid ZTE MF927U Wifi / How To Unlock MTN ZTE MF286 South Africa / How To Unlock Zte Mf927u MTN (2) (3) (4)
(1) (Reply)
Donald Trump: We’re Working To Get ZTE ‘back Into Business, Fast’ by Netsent(m): 8:04pm On May 13, 2018 |
President Donald Trump says that he is working with Chinese President Xi Jinping to find a way for Chinese telecom company to “get back into business, fast,” following last week’s announcement that it was pausing its “major operating activities.” ZTE said in a filing that it has just enough cash to remain afloat if it pauses operations following a US ban on exports to the company in April. Last month, The US Department of Commerce banned exports to the company for seven years, saying that it failed to uphold the terms of a plea agreement after it pled guilty to breaking sanctions against Iran and North Korea. The company said that this ban would “severely impact the survival and development of ZTE,” and that it’s bene in talks with the US to try and reverse or change the ban. The company’s predicament has clearly reached the upper levels of government: the telecom company is one of the largest in China, with more than 80,000 employees. In his tweet, Trump indicated that the company has lost “too many jobs” in China, and that he’s instructed the Department of Commerce to “get it done.” ZTE’s troubles come after months of scrutiny from the US over concerns that the company could post a risk to national security. www.netsentertainment.com
|
Re: Donald Trump: We’re Working To Get ZTE ‘back Into Business, Fast’ by TheHotspur(m): 8:33pm On May 13, 2018 |
The only sincere politician on the planet earth My opinion sha |
(1) (Reply)
Edo Displaces 35 States On Transparency, Legislative Engagement – Eie Research / Vacancy!!vacancy!! Vacancy!! / The True Purpose Of Blogging.
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6 |