US regulators: China's Huawei, ZTE threaten national security
American regulators voted to impose new restrictions on subsidies for American telecom companies Friday. The ruling is designed to constrain Chinese companies, including Huawei and ZTE.
zte corporation
Huawei, ZTE could lose US business
The US Federal Communications Commission wants to place more restrictions on Huawei and ZTE by barring companies that receive government money from purchasing equipment or services from the Chinese tech firms.
Asian markets open higher
Asian stocks moved higher on Monday, boosted by a bit of trade optimism.
