Ukraine war: US takes aim at Chinese firms in wave of sanctions targeting Russia

The US government imposed sanctions on 20 Hong Kong and mainland Chinese companies on Wednesday for alleged roles in the development of Russia’s industrial base and military, along with dozens of other businesses and individuals based in Russia, Turkey and other countries.

In addition to alleged circumvention of US sanctions on Russia, the new sanctions by the departments of State and Treasury target Hong Kong and mainland Chinese firms for supporting the development of Russian energy production and advanced manufacturing.