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ZTE ban lifted as China ponders next trade war move

5:42pm IST - 01:50

Hong Kong shares of ZTE Corp have surged nearly 24 percent after China's No. 2 telecommunications equipment maker cleared the last hurdle to lifting a U.S. ban on component supplies. As Thuy Ong reports, it comes as China said foreign firms operating in China would suffer in a trade war, urging U.S. companies to lobby their government to protect their interests

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Hong Kong shares of ZTE Corp have surged nearly 24 percent after China's No. 2 telecommunications equipment maker cleared the last hurdle to lifting a U.S. ban on component supplies. As Thuy Ong reports, it comes as China said foreign firms operating in China would suffer in a trade war, urging U.S. companies to lobby their government to protect their interests

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ZTE ban lifted as China ponders next trade war move

5:42pm IST - 01:50