China’s ZTE sets sights on growth after removal from US trade blacklist

ZTE says it has been removed from the Entity List upon recommendation of the Bureau of Industry and Security. Visitors testing smart phones at ZTE's stand during the Mobile World Congress in Barcelona. Photo: AFP

ZTE Corp, the world’s fourth largest telecommunications equipment supplier by revenue, emerged on Wednesday from US sanctions purgatory after Washington removed the company from its trade blacklist.

In a regulatory filing in Hong Kong, ZTE chairman Yin Yimin said the company was taken off the US government’s so-called Entity List upon recommendation of the Bureau of Industry and Security (BIS), which is under the US Department of Commerce.

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