Exclusive-China's ZTE may pay more than $1 billion to the US over foreign bribery allegations, sources say

Dec 10 (Reuters) - Chinese telecom equipment maker ZTE Corp may pay more than $1 billion to the U.S. government to resolve years-old allegations of foreign bribery, according to two people familiar with the matter. ZTE, which already paid some $2 billion in penalties to U.S. authorities over export violations during ​President Donald Trump's first term, has for years faced probes by authorities around the world into alleged bribes to secure telecom contracts. This year, the ‌Justice Department has moved ...