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ZTE employees in China cheer Trump tweet

Reuters  |  HONG KONG 

By Sijia JiangHONG KONG (Reuters) - Employees of ZTE Corp, the Chinese telecom equipment maker, are cheering a tweet by U.S. President Donald Trump that suggested a resolution is in sight for a devastating ban on sales to the Chinese company.In an unexpected reversal of a hardline U.S. stance on the issue, Trump said on Twitter on Sunday that he and Chinese President Xi Jinping were working together to give ZTE "a way to get back into business, fast", citing the loss of many jobs in China.ZTE was last month hit by a move by Washington to forbid U.S. firms supplying the Chinese company with ...

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First Published: Mon, May 14 2018. 13:09 IST
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