Chinese phone maker ZTE saved from brink after deal with U.S.

Chinese phone maker ZTE saved from brink after deal with U.S.The agreement comes as U.S. President Donald Trump seeks trade concessions from China and negotiations continue to avoid a trade war between the world's two largest economies. Shares of U.S. companies that do business with ZTE rose on Thursday. U.S. lawmakers immediately attacked the agreement, citing intelligence warnings that ZTE <000063.SZ> <0763.HK> poses a national security threat.




from Yahoo Finance https://ift.tt/2sOAjqH

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