China`s ZTE to pay US $1bn fine in new deal to save company
(The Guardian China)

Deal comes after Trump said he was working with Xi Jinping to save jobs. He later tweeted the talks were `part of a larger trade deal´The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE to stay in business in exchange for paying an additional $1bn in fines and agreeing to let US regulators monitor its operations.The fine comes after Donald Trump stepped in to save the company after US regulators barred it from doing business in the US, an effective death blow for the company. Continue reading...