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U.S. lifts ban on suppliers selling to China's ZTE

Christian Fernsby |
The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE.

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Topics: U.S.   

“The department will remain vigilant as we closely monitor ZTE’s actions to ensure compliance with all U.S. laws and regulations,” Commerce Secretary Wilbur Ross said in a statement that described the terms of the deal as the strictest ever imposed in such a case.

The terms will allow the department to protect U.S. national security, Ross said.

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