Embattled ZTE proposes US$10.7 billion credit proposal, new board

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  1. sniper-academy

    sniper-academy Administrator Staff Member

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    HONG KONG: Chinese telecommunications giant ZTE Corp has proposed a US$10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban. The news, announced late on Wednesday, indicates China's No.2 ...

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