U.S. will lift sales ban order against China's ZTE: WSJ

BEIJING (Reuters) – The U.S. government will lift an order banning U.S. companies from selling components and software to China’s ZTE Corp (000063.SZ) (0763.HK), the Wall Street Journal reported on its Chinese microblog account, citing unnamed sources.

FILE PHOTO – Visitors pass in front of the Chinese telecoms equipment group ZTE Corp booth at the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman/File Picture

The paper, on its official Weibo account, said ZTE will also be required to make significant changes to its management and board as part of the agreement.

Reporting by Beijing Monitoring Desk; Editing by Muralikumar Anantharaman

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