2018-05-22

Trump Fights to Protect Chinese Jobs

21st Century: 转机!中兴通讯销售禁令有望取消!或成下周中美重要议题,8万员工31万股东可稍松口气
CNBC: UPDATE 3-U.S., China nearing deal to remove U.S. sales ban against ZTE -sources
Washington and Beijing are nearing a deal that would remove an existing U.S. order banning American companies from supplying Chinese telecommunications equipment maker ZTE Corp , two people briefed on the talks told Reuters.

The people, who declined to be identified because negotiations are confidential, said the deal could include China removing tariffs on imported U.S. agricultural products, as well as buying more American farm goods.
Flawless Chinese victory.
White House advisors have said previously the ban against ZTE is being reexamined, and that the firm would still face "harsh" punishment, including enforced changes of management and at board level.
There will be no change to the real upper management of the Chinese state-owned enterprise.

The Chinese trade issue isn't going away. Trump could revive the trade issue at any moment and he probably will. If he doesn't, someone else will. Negative social mood will guarantee it.

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