What action did ZTE take in 2018 to lift the U.S. export ban?
Threatened to sue the U.S.
Did nothing
Paid a bribe
Replaced its senior management and established an internal compliance team
Answer
In 2018, ZTE replaced its senior management, agreed to pay additional fines, and established an internal compliance team for 10 years to lift the U.S. export ban.
The ZTE Chronicles: Unraveling the Secrets of a Chinese Telecommunication Giant