China’s ZTE Unhappy with US Ban On Sales

ZTE Corporation, a Chinese multinational telecommunications company, has replied to the US’ newly imposed ban preventing the Chinese Information Technology company  from buying American Tech Companies’ products and services. ZTE Corporation, described the action as unfair, because sales transacted between US Companies and their firm is beneficial to both parties.

ZTE Corporation, intends to resolve the issue through communication with their employees and shareholders.

The seven year ban on ZTE Corporation, Corporation was issued by the US Department of Commerce on 16th April, 2018 following its investigations on the Chinese company. ZTE Corporation, last year, pleaded guilty to shipping US equipment to North Korea and Iran illegally but failed to reprimand employees responsible for such acts.