Embattled ZTE seeks $10.7 billion credit line, nominates 8 board members

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban.

from Reuters: Business News https://ift.tt/2LQvNQp