The US government banned sales by American companies to China’s ZTE Corp to punish the Chinese telco equipment maker after it allegedly made false statements during an investigation into sales of its equipment to Iran. Photo: Reuters

ZTE chairman appeals for calm amid US ban ‘crisis’

ZTE has been plunged into what its chairman calls a state of crisis after the US banned American firms from selling parts to the Chinese telecommunications company for seven years

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The US government banned sales by American companies to China’s ZTE Corp to punish the Chinese telco equipment maker after it allegedly made false statements during an investigation into sales of its equipment to Iran. Photo: Reuters
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