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Topic:

Sanctions Evasion

Country:

Hong Kong

Issue:

Article ID:

11

Title:

$4 billion in restricted US chips flowed to Russia through one Hong Kong address

Author:

Jowi Morales

Date:

July 25, 2024

Source:

Tom's Hardware

Reference:

Summary:

Quotes:

The New York Times investigated nearly 800,000 shipments of restricted goods from 2022 until 2024. It discovered that over 6,000 companies sent almost $4 billion worth of sanctioned goods, and banned chips entered Russia through Hong Kong, China, Turkey, India, Serbia, and Singapore.

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