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Business

China’s ZTE, Saved by U.S., Has a Checkered Past and Shaky Future

The offices of the Chinese company ZTE in Beijing, China, June 8, 2018. With this week’s deal to replace near-fatal American sanctions on the telecommunications giant with a $1 billion fine, the company will be able to get back to making smartphones and network equipment. Banned from buying American-made components for the past two months, it halted operations and will now have to mend relations with customers. (Gilles Sabrié/The New York Times)