Friday, 13 July 2018 The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China's second-largest telecommunications equipment maker to resume business. The Commerce Department had said it would remove the ban after ZTE paid a $1 billion penalty and placed $400 million in a U.S. bank escrow account as part of a settlement reached last month.
Hong Kong shares of ZTE Corp have surged nearly 24 percent after China's No. 2 telecommunications equipment maker cleared the last hurdle to lifting a U.S. ban on component supplies. As Thuy Ong reports, it comes as China said foreign firms operating in China would suffer in a trade war, urging U.S....
India urged China to drop a years-long ban on rapeseed meal imports from the South Asian nation in a meeting with government officials and feedmakers on... Reuters India - BusinessAlso reported by •S.China Morning Post
Twitch, the hugely popular streaming service, has been banned in China. The ban came after a spike in popularity, probably caused by users watching an eSports tournament. Some users view the ban as an..