ZTE Decries U.S. Gov Interference
ZTE's Chief Financial Officer, Wei Zaisheng, came close to calling the U.S. government's business practices unfair in a recent interview. Last year, ZTE was bidding for a contract to supply networking equipment to Sprint Nextel. Fellow Chinese competitor Huawei was also taking part in that bid. Close to the vote, U.S. lawmakers sent a letter to the Federal Communications Commission voicing concerns about ZTE's and Huawei's ties to the Chinese government. They contended that state-backed businesses should not have access to vital U.S. assets, such as its communications systems. "We are concerned that Huawei's [and ZTE's] position as a supplier of Sprint Nextel could create substantial risk for U.S. companies and possibly undermine U.S. national security," they stated. In an interview with the Wall Street Journal, Mr. Wei said, "For Sprint last year, we should have had the qualifications to become their key partner. The government should promote a fair, equitable, normal and free commercial environment, and it shouldn't interfere." ZTE has aggressive plans for growth worldwide, including the U.S. market.
U.S. to Suspend ZTE Export Sanctions
The U.S. Department of Commerce has agreed to temporarily lift sanctions it levied against ZTE, allowing its suppliers to resume some exports to the Chinese company.
China Opposes US Action Against ZTE; ZTE Phone Biz Safe
China's Ministry of Commerce says the U.S. Department of Commerce's plan to prevent ZTE from exporting American-made components will be bad for Chinese firms.
ZTE Looking to Appeal Export Ban
ZTE is planning to appeal a ban recently placed on exports, reports Reuters. Last week, the U.S.
US Gives ZTE Another Reprieve On Exports
ZTE can continue to export U.S. goods for another three months due to an extension offered by the U.S.
I've been screaming about--
US attitudes are a joke. Everyone complains about cheap Chinese products yet loads up the cart with the...
Can't blame them