China's ZTE expected to take last step to lift ban: U.S. official

China's ZTE expected to take last step to lift ban: U.S. official

6 years ago
Anonymous $cyhBy-qkd5

https://www.reuters.com/article/us-usa-trade-china-zte/chinas-zte-expected-to-take-last-step-to-lift-ban-u-s-official-idUSKBN1JI2LR

ZTE Corp is expected to deposit $400 million in an escrow account in a U.S. bank in the "next couple of days," the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official told Reuters on Friday.