US and UK blacklist China's ZTE

The US Department of Commerce has implemented a ban on American companies selling components to ZTE. The Chinese telecoms firm is being punished for violating sanctions on Iran and North Korea after pleading guilty last year. At the same time, the UK's cyber defense watchdog, the National Cyber Security Centre (NCSC), has warned UK telecoms firms that the use of ZTE equipment or services pose a risk to national security. The action taken by the two nations is expected to have severe implications for the company. See also: Weibo reverses homosexuality policy in China: 'We're no longer targeting gay content'… [Continue Reading]