Hong Kong is global trade hub for world’s most brutal regimes, report says

Pro-democracy campaign group finds exports of goods to Russia, vital to its war efforts, roughly doubled in a yearHong Kong has become a global trade hub for “the world’s most brutal regimes”, according to a report examining the city’s role in facilitating the flow of goods to countries under sanctions by the west, including Russia, Iran and North Korea.A report published on Monday by the Committee for Freedom in Hong Kong Foundation, a campaign group, found that between 2021 and 2022, exports of semiconductors from Hong Kong to Russia roughly doubled to $400m (£310m), second only to shipments from mainland China. Semiconductors are vital to Russia’s war effort as they are a component in weaponry such as drones and cruise missiles. Continue reading…



Source link : https://www.theguardian.com/world/article/2024/jul/22/hong-kong-trade-hub-report

Author : Amy Hawkins Senior China correspondent

Publish date : 2024-07-22 07:00:30

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