U.S. Grants China’s ZTE Temporary Reprieve on Export Curbs
The U.S. government will give Chinese telecom equipment and smartphone maker ZTE a reprieve on tough export restrictions, the Commerce Department said.
China’s Export Data Shows Fresh Signs of Steepening Industrial Downturn
The country is facing its most protracted declines since the financial crisis, with overseas shipments falling 5.5 percent last month compared with a year earlier.