The US Department of Commerce says it will issue licences to Chinese telecommunications equipment vendor Huawei Technologies for buying American products "where there is no threat to US national security".
The chief financial officer of Chinese telecommunications firm Huawei Technologies has been arrested in Vancouver and is facing extradition to the US over alleged violation of US trade sanctions against Iran.
The shares of Chinese telecommunications outfit ZTE Corporation rose 17% in Hong Kong trading on Monday after the company met the final condition laid down by the US Commerce Department for resuming its business operations in the US.
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