U.S. sanctions China, Hong Kong entities for Russia links: What we know

Penalties on mostly small companies follow in-person warnings from Blinken, Yellen

20240502 russia flag

A soldier adjusts a Russian flag in Beijing ahead of a welcome ceremony for Russian President Vladimir Putin in 2018. The U.S. is seeking to squeeze alleged Chinese support for Russia's defense industrial base. © Reuters

KENJI KAWASE and ECHO WONG, Nikkei staff writers

HONG KONG -- The latest U.S. government sanctions issued Thursday, Asia time, included about 20 companies from China and Hong Kong that have allegedly assisted Russia's ongoing invasion of Ukraine.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.