ZTE to Resume Trading After Settlement Agreement With U.S.

ZTE to Resume Trading After Settlement Agreement With U.S.

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the resumption of ZTE's share trading in Hong Kong and Mainland China after a long suspension due to US restrictions. These restrictions prevented ZTE from purchasing essential components from American suppliers, impacting their operations and revenue. The US Senate is considering legislation to reimpose these bans, despite a settlement by the Commerce Department that includes fines and management changes. The situation affects global telecommunications, especially with the shift to 5G networks. Additionally, the Qualcomm-NXP merger is influenced by these trade tensions, with Chinese approval contingent on ZTE's operational status.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for ZTE's trading suspension?

Lack of market demand

Management issues

US ban on buying components

Financial instability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the conditions of the US Commerce Department's settlement with ZTE?

Expansion into new markets

Replacement of top management

Reduction in workforce

Increase in product prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the US Senate want to do regarding the ZTE settlement?

Approve the settlement

Reinstate the previous penalty

Increase the fines

Reduce the monitoring

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are US-China trade tensions affecting the Qualcomm-NXP merger?

The merger is proceeding smoothly

The merger is on hold pending ZTE's situation

The merger has been canceled

The merger is unaffected by trade tensions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of resolving ZTE's situation on the Qualcomm-NXP merger?

It would delay the merger further

It would have no impact

It could cause the merger to fail

It could lead to the merger's approval