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China's ZTE fires back over US ban: 'We cannot accept it'- but what to do? by sisiwang

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· @sisiwang ·
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China's ZTE fires back over US ban: 'We cannot accept it'- but what to do?
Money can't buy everything, it is not about win-win, it is about respect the rules!

![](https://steemitimages.com/DQmaDJfBmgf3deQjATbViT9prFhfoqWXenQtwDBjs2chZGH/image.png)the rules. 



The Commerce Department said Monday that ZTE had lied to US officials about steps it had taken to punish employees who violated US sanctions against North Korea and Iran. The Chinese company last year agreed to pay a $1.2 billion fine after a US investigation found it had illegally shipped telecommunications equipment to the blacklisted countries.

Instead of punishing those involved, "ZTE paid full bonuses to employees that had engaged in illegal conduct, and failed to issue letters of reprimand," the Commerce Department said.

ZTE said Friday that the Commerce Department was ignoring the "arduous efforts" it has made to follow export rules, the steps it has taken to deal with people "who neglected their duty," and its hiring of an American law firm to carry out an independent investigation


Ref: http://money.cnn.com/2018/04/19/technology/zte-china-us-ban/index.html
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