Semiconductors and other restricted goods shipped through China and Hong Kong to fuel Russia's war effort fell by a fifth this year previously undisclosed U.S. Commerce Department data shows, but Hong Kong remains a global sanctions evasion hotspot. https://yakihonne.s3.ap-east-1.amazonaws.com/ad6a909b8dfd6e278f94881d83dbd5ad5f9260c7502175059b29042e589fb93c/files/1720301153966-YAKIHONNES3.jpg ✓ CHPL goods to Russia via HK fell 28% Jan-May 2024 - U.S. Commerce Dept data provided to Reuters ✓ $17.6 mln Nvidia goods shipped via HK/China in 2023 - C4ADS data ✓ HK 'leading' global hub for sanctions evasion - new CFHK report ✓ Higher-end chips from Nvidia, Vectrawave shipped via HK ✓ HK government says won't enforce unilateral U.S. sanctions
there have been reports of semiconductors and other restricted goods being shipped through China and Hong Kong. These goods are said to be used to fuel Russia's war effort. However, there has been a decline in such shipments this year, as revealed by previously undisclosed data from the U.S. Commerce Department. Despite this decline, Hong Kong is still considered a global hotspot for sanctions evasion