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US fines China's ZTE US$1.19b for breaching sanctions
Company sold American-made items to Iran, North Korea; Huawei also under probe for sales to banned countries
Published Wed, Mar 8, 2017 · 09:50 PM
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Hong Kong
AS ONE of China's few truly international technology companies, ZTE is often held up by Beijing as part of a new generation of firms that is able to compete beyond Chinese borders.
On Tuesday, the US government made an example of ZTE in a different way.
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