Feb 25 2017 09:34 AM
United States have kept restrictions on the export-import policy, which impacted most of the MNCs of US. As per the reports, the company has granted an export license to Chinese telecom equipment maker ZTE Corp.
The license will be valid till March 29, 2017. Washington attorney Douglas Jacobson said, "It indicates the final settlement is imminent or is just a stopgap to give the new administration time to decide how they want to proceed.”
As per the reports, the Chinese haven't replied to the issue, however, they are continuing as per the norms of the country. The Chinese company gives a good share to the company, as its yearly raises more than $15 Billion sales.
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