Analysis of a major penalty against a Chinese telecom company.
ljnstaffWASHINGTON, DC
Chinese Telecom Company Hit with $1.19 B in Fines
On March 7, 2017, the Department of Commerce announced that a major Chinese company, Zhong- xing Telecommunications Equipment Corporation and ZTE Kangxun Telecommunications Ltd. (ZTE), agreed to pay $1.19 billion in civil and criminal penalties in exchange for violating U.S.
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