ZTE, the world’s fourth-largest phone equipment maker by sales, has become the first technology company to be penalised for breaching US sanctions. Photo: Reuters

China’s ZTE joins an unwanted club of US sanctions busters

US sanctions programme, an extension of the nation’s foreign policy, is given bite by the dominance of the US dollar in global finance, America’s stranglehold on the parts and software that are essential in technology products, and the size of the largest consumer market on earth

Topic |   ZTE

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ZTE, the world’s fourth-largest phone equipment maker by sales, has become the first technology company to be penalised for breaching US sanctions. Photo: Reuters
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