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Tuesday, May 24, 2022
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Chinese companies aiding Russia could be shut down

Semiconductor Manufacturing International Corporation or any Chinese companies breaching US export control measures imposed on Russia and Belarus can be shut down should they deliver chips and other high-tech items to the sanctioned countries

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Washington: Chinese companies that defy sanctions on Russia and Belarus can be subjected to “devastating” actions, US Secretary of Commerce Gina Raimondo said in an interview.

“We could essentially shut SMIC down because we [the United States] prevent them from using our equipment and our software,” Raimondo told The New York Times in an interview published on Tuesday about Chinese firms that continue working with Russian counterparts.

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Semiconductor Manufacturing International Corporation or any Chinese companies breaching US export control measures imposed on Russia and Belarus can be shut down should they deliver chips and other high-tech items to the sanctioned countries, she added. 

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