The U.S. government has included 14 companies from China and Hong Kong in its large-scale sanctions against Russia.
According to the South China Morning Post (SCMP) on the 24th, these 14 companies were among more than 500 new entities sanctioned by the U.S. the previous day. They were targeted for transporting equipment to Russia or supporting the war against Ukraine.
Specifically, the U.S. Department of the Treasury sanctioned six Chinese manufacturers and exporters. These companies transported miniature electronic devices to Russia, which the U.S. believes helped Russia evade American sanctions.
Among the six newly sanctioned companies, Guangzhou Aosai Technology, Shenzhen Biguang Trading Corporation, and Irupa Electronics were also included in the European Union's (EU) list of sanctions against Russia announced on the 21st. The other three are Jiangxi Liansheng Technology, Guangzhou Herson Import and Export Corporation, and Guangdong New Idea Technology.
The U.S. Department of Commerce also sanctioned seven Hong Kong companies, including Shenzhen Speed Industrial from mainland China, Denex Enterprise, Kairi Industrial, and Sigma Technology.
In total, 14 Greater China companies?seven from mainland China and seven from Hong Kong?were newly added to the U.S. sanctions list. China has strongly opposed this. SCMP reported that Liu Fengyu, spokesperson for the Chinese Embassy in Washington, condemned the U.S. sanctions on Chinese companies as "typical acts of economic coercion, unilateralism, and harassment."
China maintains a neutral stance on the surface regarding the Ukraine war, advocating for a ceasefire and negotiations to end the conflict. However, the West suspects that China is leaning toward Russia.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


