Russian President Vladimir Putin, left. and Chinese President Xi Jinping pose for a photograph during their meeting in Beijing on February 4, 2022. After years of closer ties between Beijing and Moscow, Chinese firms are now gauging the risks in their exposure to Russia following its invasion of Ukraine. Photo: Sputnik/AFP
Chinese tech firms see warning shot from US sanctions on Singaporean firm, but enforcement could be challenging
- With fresh US sanctions last week on 21 entities, including a Singaporean electronics wholesaler, risks to Chinese firms over exposure to Russia are increasing
- The US still relies on fear and self-enforcement, experts say, as China is not collaborative with sanctions enforcement
Follow your favourite topic and get notified
Russian President Vladimir Putin, left. and Chinese President Xi Jinping pose for a photograph during their meeting in Beijing on February 4, 2022. After years of closer ties between Beijing and Moscow, Chinese firms are now gauging the risks in their exposure to Russia following its invasion of Ukraine. Photo: Sputnik/AFP