NEWS ANALYSIS
The Trump administration reached a deal with Chinese telecom equipment maker ZTE Corp. to lift a ban preventing the company from purchasing U.S. equipment in exchange for a hefty fine.
Even With New Deal, ZTE Is Damaged Goods
Security and reputational concerns surrounding ZTE hard to dispel
While Trump’s trade deal allows ZTE to resume production and avoid going out of business in the near term, it’s not entirely out of the woods.
The ZTE logo is seen on an office building in Shanghai on May 3, 2018. Johannes Eisele/AFP/Getty Images
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Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
