Geopolitics Watch: US Deal Puts ZTE on ‘Probation,’ Benefits US National Security

On June 7, United States Commerce Department Secretary Wilbur Ross announced a deal to allow Chinese telecommunications company ZTE to resume business. Under the deal, ZTE would have to: Pay a $1 billion fine and put $400 million in escrow; Change its board and management within 30 days; Retain a new U.S.-selected compliance team selected …

Read moreGeopolitics Watch: US Deal Puts ZTE on ‘Probation,’ Benefits US National Security