ChinaVirtuoso

The United States Department of Commerce has reportedly agreed to extend ZTE's temporary export license to March 29, 2017, allowing American companies to continue to provide software, technologies, and restrictive components published in March 2016 to ZTE.

Prior to this, the Chinese telecom device manufacturer received an export restriction from the American government and its export license was due for expiration on February 27, 2017. However, the extension is shorter than the previously approved 90 days by the United States Department of Commerce, which means ZTE is still facing pressure.

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