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China commerce ministry says hopes U.S. can appropriately deal with issue on ZTE

Reuters  |  BEIJING 

BEIJING (Reuters) - China's commerce ministry said on Tuesday that it hopes the United States can appropriately deal with the issue involving Chinese telecom equipment maker ZTE Corp in accordance with laws and rules.The U.S. Department of Commerce has banned U.S. companies from selling components to ZTE for seven years, U.S. officials said on Monday.The Chinese commerce ministry said it will closely monitor the situation on ZTE and will be prepared to take action to protect the interests of Chinese firms. (Reporting by Ryan Woo; Editing by Michael Perry)(Only the headline and picture of ...

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First Published: Tue, April 17 2018. 10:55 IST