{"id":6330,"date":"2018-04-19T23:33:18","date_gmt":"2018-04-20T03:33:18","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=9fe9062fa4bf0eaaab9a8cc2001a6a7b"},"modified":"2018-04-19T23:33:18","modified_gmt":"2018-04-20T03:33:18","slug":"zte-protests-unfair-us-penalty-says-its-seeking-solution","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/19\/zte-protests-unfair-us-penalty-says-its-seeking-solution\/","title":{"rendered":"ZTE protests \u2018unfair\u2019 US penalty, says it\u2019s seeking solution"},"content":{"rendered":"<p>BEIJING &#8212; Chinese tech company ZTE says it won&#8217;t accept an &#8220;unfair&#8221; U.S. penalty in a case involving exports of telecoms equipment to North Korea and Iran and is seeking a solution through legal channels.<\/p>\n<p>The Commerce Department on Monday barred the state-owned company from importing American components for seven years after concluding the company paid bonuses to employees involved in the export scheme instead of disciplining them as promised in 2017.<\/p>\n<p>In a statement issued Friday, the company outlined actions it&#8217;s taken over the last two years to rectify matters but said the Commerce Department had acted before the company had time to conclude that process.<\/p>\n<p>ZTE pleaded guilty in March 2017 and agreed to pay a $1.19 billion penalty for shipping the equipment in violation of U.S. regulations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING &mdash; Chinese tech company ZTE says it won&rsquo;t accept an &ldquo;unfair&rdquo; U.S. penalty in a case involving exports of telecoms equipment to North Korea and Iran and is seeking a solution through legal channels. The Commerce Department on Monday barred the state-owned company from importing American components for seven years after concluding the company [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/6330"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=6330"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/6330\/revisions"}],"predecessor-version":[{"id":6331,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/6330\/revisions\/6331"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=6330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=6330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=6330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}