The extension of temporary relief is good news... The U.S. Commerce Department announced the decision in a statement posted online Monday; It didn’t cite specific reasons for the decision. HONG KONG—The U.S. government decided to extend the temporary lifting of sanctions on ZTE Corp. through Aug. 30, as the Chinese maker of telecommunications equipment tries to rebuild its reputation after being accused of violating trade rules.

Source: Wall Street Journal June 28, 2016 00:56 UTC