China Growth Steady; Foreign Ownership Caps Removed; ZTE Grapples With Ban

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Apr.17 — China’s growth momentum held steady in the first quarter; automakers from Volkswagen AG to Ford Motor Co. are set to win from China’s removal of a two-decade restriction on foreign ownership; phonemaker ZTE Corp. was banned from buying U.S. technology. Bloomberg’s Tom Mackenzie reports from Beijing and Neil Shearing of Capital Economics comments in London. They speak on “Bloomberg Surveillance.”

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