https://apnews.com/62450bd442c04518860e0b312b9f13b4

WASHINGTON (AP) — The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE Corp. to stay in business in exchange for paying an additional $1 billion in fines and agreeing to let U.S. regulators monitor its operations.

The fine comes on top of $892 million ZTE has already paid for having sold equipment to North Korea and Iran in violation of U.S. sanctions.