China-US relations: Chinese shell firms accused of helping ZTE sell American tech to North Korea - ShareIsValue
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Saturday, September 12, 2020

China-US relations: Chinese shell firms accused of helping ZTE sell American tech to North Korea

The United States has accused two Chinese shell companies of helping China’s technology giant ZTE sell banned telecommunications equipment to North Korea.According to a criminal complaint unsealed on Friday, Ryer International Trading and Rensy International Trading served as go-betweens for ZTE, which sold the equipment – allegedly made with American parts – to North Korea between 2010 and 2016 in violation of US sanctions law.The US government has filed for the two companies and their…

from South China Morning Post https://www.scmp.com/news/china/diplomacy/article/3101287/china-us-relations-chinese-shell-firms-accused-helping-zte

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