By Yuan Yang
China’s telecoms giant ZTE projected a net loss of Rmb6.2bn-7.2bn ($0.89-1.04bn) for 2018, underscoring the devastating impact of its brief ban on doing business with US companies earlier this year.The projected loss compares to a 2017 profit of Rmb4.57bn, and was announced with the company’s quarterly results on Thursday after the close of market trading in Hong Kong and Shenzhen, where ZTE is listed.