Donald Trump’s surprise reprieve for ZTE Corp has paved the way for a Chinese delegation’s arrival in Washington this week for at least three days of talks aimed at averting a trade war, say people briefed on the discussions.
China’s foreign ministry confirmed yesterday that Liu He, vice-premier, would travel to Washington today, less than 24 hours after the US president ordered his commerce department to help the Chinese telecommunications company “get back into business, fast”.
Shenzhen-based ZTE said last week it would cease operations after the Trump administration hit it with crippling sanctions for allegedly violating the terms of an earlier settlement over its business operations in Iran.
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