China to protect 'legitimate rights' after US penalizes ZTE
17 April 2018 5:37 AM GMT
Beijing: China's government says it is ready to protect its "legitimate rights" after US authorities penalized a Chinese telecoms equipment maker over a case involving exports to Iran and North Korea.
The Commerce Ministry said today it hoped Washington would treat ZTE Corp. fairly after US authorities concluded it paid bonuses to employees involved in a scheme to ship equipment to North Korea and Iran instead of disciplining them as it promised in 2017.
The US Commerce Department yesterday barred ZTE, one of China's most prominent technology companies, for seven years from importing American components.
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