US President Donald Trump has softened his stance on China trade with this
Trump tweeting a few hours ago (both of these relevant, bottom on specific on ZTE):
ZTE is (was?) one of China's biggest telecoms companies
- The firm suspended operations after the US Commerce department banned US companies from selling it components for 7 years
- Commerce imposed the ban last month
Any reduction in trade tensions from moves such as this will be a positive for 'risk' (like AUD)