ZTE: Why compliance trumps politics
May 8, 2018
Cause for concern? Why ZTE’s stock price dropped 40% this morning
Tough trade talk from the White House is now a permanent feature of the economic landscape. Is ZTE gut-wrenching share price plunge just a taste of things to come?
In the tortuous trade negotiations between US and China, the high-tech Chinese corporation ZTE was the one card the Chinese delegation was holding close to its chest. China may want to protect the sector, but above all it wants ZTE to come through any trade war in one piece.
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