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ZTE Sanctioned
Telecom equipment maker falls foul of Washington again, after failing to follow through on agreement to discipline employees who sold products to Iran in violation of U.S. sanctions.
ZTE Hit by 7-Year U.S. Ban on Tech Exports
Telecom equipment company is accused of making false statements in last year’s settlement for violating U.S. sanction laws
Canada Bans Huawei, ZTE From 5G, Ending Years-Long Impasse
Wireless network companies that have already installed gear from the two Chinese telecommunications firms will have to remove it by the end of 2027
Opinion: The U.S. Isn't Going to Slacken Scrutiny After Ending the ‘China Initiative’
While the controversial China Initiative targeted mainly academics and researchers of Chinese descent for alleged espionage, the nascent Nation-State Threat Strategy significantly expands its enforcement scope to broader economic and ideological interests
FCC Cites Kaspersky, China Telecom, China Mobile on Security
The Federal Communications Commission’s inclusion of internet security provider, Kaspersky, is the first time a Russian entity is added to a U.S. security list dominated by Chinese telecommunications firms
Caixin China Biz Roundup: DJI Tells Ukraine It Can’t Disable Drones Used by Russian Military
Plus, black box recovered from China Eastern wreckage; and shares of telecom equipment giant ZTE soar as a U.S. court ends probation for sanctions violations
Shanghai Composite Index Fell 0.63% on Thursday
Shenzhen Component Index closed down 0.83%
CX Daily Mar. 24: What We Know So Far About the Crash of Flight MU5735
China’s securities regulator plans to break an audit deadlock with U.S. watchdogs
ZTE Shares Jump as U.S. Court Ends Probation for Violating Sanctions
Decision marks a milestone in the telecoms giant’s journey to recover from a suite of punishments
CX Daily: The Reshaping of the World as Ukraine War Rages On
China is willing to mediate in the Ukraine crisis, Wang Yi says. More about the nation’s 2022 economic plans
Technology That Could Shakeup Wireless Market Still Years Away, Official Says
OpenRAN has been touted as a technology that can break Huawei, Ericsson and Nokia’s oligopolistic advantage but the MITT’s Wei Leping estimates it won't reach maturity for at least five years
China Unveils Vast Plan to Build Regional Data Center Clusters
Top economic planner estimates the eight clusters could draw in $63 billion in investment annually
Update: Wuxi Biologics Among 33 Chinese Firms to Land on Market-Rattling U.S. Government List
The Chinese drugmaker suspended trading of its shares in Hong Kong after its addition to the Commerce Department’s unverified list triggered a record sell-off
Xiaomi’s Smartphone Chief Resigns
Chang Cheng’s tenure saw the company become the world’s second-largest smartphone seller, but there was also controversy over disputes with previous employer, personal Weibo post
China Venture Funding Hits Record $131 Billion Despite Crackdown
Entrepreneurs and venture firms pivot to new opportunities with startling speed
Zte Corporation’s Net Profit Rose 92.6% in First Three Quarters of 2021
Revenue grew 13.1% year-on-year
Ericsson Rethinks China Market Strategy as Revenue Dives
The Swedish telecoms equipment maker reported a 74% plunge in third-quarter revenue, following a 63% slide in the second quarter
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