Sanctions-slapped Chinese telecoms vendor ZTE swaps execs

Chinese telecoms vendor ZTE is overhauling its management board just one month after the biz was slapped with sanctions by the US government over accusations it had violated trade rules in Iran. The company today confirmed it will meet this week to install a new team, following revelations in the Wall Street Journal over the …

[Anonymous Coward]

What right does the US have to control the free trade of China? Shocking abuse. Great stuff, Reg!

[kain preacher]

One it's the UN. Two don't want to comply with US regs don't do business in the US it's that simple.

[Gene Cash]

reshuffles its management every three years

Er why? What good does that do, other than "shoot the old bastards and put new ones in"?

And do they actually? Has any one looked to see if they did 3 and 6 years ago?

[spold]

Re: reshuffles its management every three years

Well Huawei has 3 rotating CEOs (I know a bad visual) each of whom take a 6 months turn and do something else in the 12 months off. Nice work if you can get it and avoids burn-out.

[Wolfclaw]

Chinese Foreign Ministry spokesperson Hong Lei telling a news briefing it was opposed to the US citing domestic laws to place sanctions on Chinese enterprises.... Eh sorry dude, this is UN sanction and ZTE and China need to follow the rules and not go crying when you get caught !