Illicit chip flows to Russia seen slowing, but China, Hong Kong remain transshipment hubs

Reported by James Pomfret and Michael Martina 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. Transshipments through Hong Kong of Common High Priority Items (CHPL) — advanced […]