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ZTE shares jump after US eased supplier ban

ZTE already sees the benefits of the US lifting its supplier ban. Manuel Blondeau / AOP.Press / Corbis, Corbis on Getty Images ZTE's stock rose 17 percent on Monday morning after being exempted from a crippling US supplier ban . The Chinese Telecom escaped the shadow of the ban on Friday when the US Department of Commerce announced the company …

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China official factory PMI eased in April, export orders slow

BEIJING (Reuters) – Activity in China's huge manufacturing sector slowed in April as export orders slowed, further pointing to weaker economic growth, while a smoldering Sino-US trade series increased risks to the industrial sector. FILE PHOTO: Coworkers working on a production line at a Saic factory GM Wuling in Liuzhou, Guangxi Zhuang Autonomous Region, China, June 19, 2016. REUTERS / …

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