A Feb. 27, 2018, display for ZTE during the Mobile World Congress in Barcelona, Spain. The U.S. Commerce Department has banned American exports to ZTE, saying the Chinese telecommunications company failed to uphold a plea agreement related to its evasion of U.S. sanctions on Iran and North Korea.
On the Record We have a strong motherland and 1.3 billion people behind us, and they provide us with the confidence and determination to overcome all kinds of difficulties. ZTE Chairman Yin Yimin On Our Radar Another Big Blow to China. The U.S. economic assault on China has taken a severe turn. The U.S. Commerce Department slapped an export ban on U.S. companies hoping to sell software and equipment to Chinese telecommunications giant ZTE. This was a major penalty in response to charges that the Chinese firm did not adequately punish its employees following a 2017 settlement related to the company's evasion of U.S. sanctions on Iran and North Korea.
