Tim Culpan, Columnist

For Sale: U.S. Rule of Law. ZTE the First Customer

Washington gets revenue by letting the Chinese company off the hook.

Shopping bag with message to promote buying American-made goods

Photographer: iStock/Getty Images

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A $2.6 billion price tag to buy your way out of compliance with U.S. law sounds like a lot of money.

When you’re backed by the government of the world’s second-largest economy, that’s a bargain.