Details of ZTE's release have been exposed. U.S. Hoss News reported that Chinese President Xi Jinping called US president Trump, the two sides discussed the ZTE (ZTE) incident, after bargaining, agreed to a fine of 1.3 billion U.S. dollars to ZTE. On easing the alternative to the ZTE, Trump said on 25th in an interview with Hoss news that Mr. Xi proposed replacing ZTE's management and paying 500 million of dollars in fines; But Trump did not agree to a fine of 1.5 billion dollars and ZTE buys more spare parts from US companies. China pays 500 million US dollar fine us counter-offer after bargaining with each other, the outcome of the talks is to pay a fine of USD 1.3 billion for ZTE and buy more American parts. According to the analysis, Trump promised Xi Jinping to relax the sanctions, the aim is to achieve the U.S.-DPRK summit talks, so seek to North Korea's leader Kim Jong-Un influential Xi Jinping help. President Trump said on Twitter in Friday night, ' I'll shut it down and let it reopen, but it must be accompanied by a higher security, a change of management and a board that must buy American products, a fine of 1.3 billion dollars '. ZTE is the world's fourth largest telecommunications equipment manufacturer, whose life and death is not only related to the company's own 80,000 of people's employment, there are many upstream and downstream enterprises. In mid-April this year, the US Commerce Department announced sanctions against ZTE, banning US companies from selling parts to ZTE within 7 years. With ZTE's chips coming from the United States, there is no US chip that has broken ZTE's survival. Earlier this month, ZTE announced that its main business was out of the way. Xinhua News agency: Without the Chinese government ZTE will die an article in Saturday by China's official Xinhua news agency also said ZTE, for a little profit, a small mistake, leading to a world-class enterprise's destruction. The article quoted the industry personage said, if not China invests the massive resources to carry on the solemn negotiation, the ZTE is certainly dead.
