ZTE is edging towards a full lifting of US export ban but cash flow is said to be tight. Photo: Reuters

ZTE chief demands cost cuts but promises not to reduce salaries in short term as full lifting of US ban nears

ZTE shares surged over 20 per cent in Hong Kong trading on Thursday morning on news that the company is on the verge of achieving a complete lifting of the US ban

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ZTE is edging towards a full lifting of US export ban but cash flow is said to be tight. Photo: Reuters
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