The Justice Department is investigating ZTE Corp. for possible bribes of foreign officials, according to people familiar with the matter, which could subject the Chinese telecom giant to a fresh round of criminal penalties amid increasing tensions between the U.S. and China. The investigation comes after the company was found to have violated a 2017 settlement under which it pleaded guilty to dodging U.S. sanctions on Iran.

Source: Wall Street Journal March 13, 2020 20:15 UTC