Exclusive | ZTE sidelines two more senior executives amid US-China negotiations on export ban
Shenzhen-based ZTE had failed to comply with the terms of a 2017 settlement with the US government. The subsequent export ban has threatened ZTE’s survival and become a flashpoint in US-China trade talks
ZTE Corp has sidelined two senior executives amid ongoing negotiations between the US and China over an export ban that has threatened the survival of the Chinese telecommunications equipment supplier, according to people familiar with the matter.
Xu Huijun, an executive vice-president and ZTE’s chief technology officer, and Huang Dabin, who oversees corporate operations, are no longer performing their usual duties at the company, said the people, who asked not to be named as the information is private.
They join Cheng Gang, who was replaced in March as chief compliance and legal officer, among executives that have been removed or reassigned in the wake of the US Commerce Department’s seven-year ban on American companies doing business with ZTE.
The company declined to comment on the executives, who could not be reached through the main line of the company.