What did ZTE Corporation do to have the export ban from U.S. companies lifted in 2018?
Paid a bribe
Replaced its senior management
Threatened to sue the U.S.
Did nothing
Answer
In 2018, the U.S. Department of Commerce banned U.S. companies from exporting to ZTE for seven years. The ban was lifted after ZTE replaced its senior management, agreed to pay additional fines, and established an internal compliance team for 10 years.
The ZTE Chronicles: Unraveling the Secrets of a Chinese Telecommunication Giant
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