NBC: U.S, launches new investigation into ZTE

The U.S. Department of Justice has launched a new investigation of ZTE, according to NBC News. The investigation reportedly is looking into possible bribes paid by ZTE to foreign officials.

https://www.nbcnews.com/business/corporations/u-s-now-investigating-chinese-telecom-giant-zte-alleged-bribery-n1156696

In 2018, ZTE agreed to pay $1 billion to the U.S. Treasurey and place an additional $400 million in escrow to resolve a case concerning exports to Iran and North Korea. ZTE also agreed to certain provisions allowing monitoring of its compliance with U.S. export control laws.