ZTE

Germany will bar the use of critical components made by Chinese companies Huawei and ZTE in core parts of the country's 5G networks in two steps starting in 2026, the nation's top security official have said.

Germany, which has Europe's biggest economy, has long mulled what to do about components made by Chinese suppliers in its new-generation cellphone networks.

Beijing announced sanctions on seven American citizens and entities on July 23 in response to a U.S. advisory on deteriorating freedoms in Hong Kong, just days ahead of a visit from a senior Biden administration official.

Tensions between Beijing and Washington have soured on a number of fronts, including human rights, trade, cybersecurity and the origins of the COVID-19 pandemic.

The visit of Eximbank USA President Kimberly Reed to the Cernavoda nuclear power plant on Tuesday will materialize in project implementation options for reactors 3 and 4, which Nuclearelectrica will submit to its shareholders' approval as soon as possible, Cosmin Ghita, CEO of the energy producer, told a press conference on the plant's platform.

The US regulatory body has proposed rules to block the purchase by telecommunications companies of equipment from Chinese companies Huawei and ZTE and remove any of their equipment that is already available.

The Federal Communications Commission said the rules - which will be voted on November 19 - are part of an initiative to "protect the country's communications networks".

The first successful test for a 5G mobile phone call with China Zhejiang (ZTE) equipment was carried out in Hungary.

The government's announcement on the occasion is that the test was carried out between two Telenor operator stations in Gyor and the data transmission rate was 1.7 billion bits per second.

President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar U.S. companies from using telecommunications equipment made by China's Huawei and ZTE, three sources familiar with the situation told Reuters.

Shares in Chinese telecoms equipment maker ZTE surged more than 25 percent in Hong Kong on July 12 after the company moved a step closer to having a painful U.S. purchase ban lifted.

Shares of ZTE Corp plummeted on June 19 after the U.S. Senate's passage of a defense bill set up a potential battle with the White House over whether the Chinese telecoms firm can resume business with its U.S. suppliers.

U.S. President Donald Trump unexpectedly said on May 13 he was working with his Chinese counterpart Xi Jinping to prevent telecom giant ZTE from going out of business after it was hit by an American technology sales ban.

Chinese technology company ZTE said late on May 9 it has halted its main operations after U.S. authorities banned it from doing business with American suppliers.