US Imposes Massive Sanctions on Russia... Over 400 Entities Including Chinese Companies

On the 30th (local time), the U.S. government announced sanctions against over 400 organizations and individuals to cut off support for Russia's military-industrial base that invaded Ukraine and to prevent abuse of the international financial system.

By department, the State Department sanctioned over 120 entities, the Treasury Department over 270, and the Commerce Department over 40.

Among them, the State Department sanctioned organizations and individuals in China, India, Malaysia, Thailand, and Turkey to block evasion of sanctions against Russia. Senior officials of the Russian Ministry of Defense, military repair facilities, advanced technology manufacturers, and defense industry-related institutions were also targeted. Chinese companies such as XH Smart Tech and Beijing Dynamic Power were included in the sanctions.

The State Department stated, "We are concerned about the scale of dual-use goods exported from China to Russia," adding, "China continues to trade these (dual-use) goods using sanction evasion and circumvention networks established to procure computer numerical control (CNC) machine tools, microelectronics, and other items."

The Treasury Department's sanctions target individuals, organizations, and financial institutions involved in illegal procurement networks.