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China's top chip maker SMIC says it has never had any Russian clients, allaying concerns over potential new US sanctions

Semiconductor Manufacturing International Corp (SMIC) on Wednesday said that it has never had any customers in Russia, assuaging investor concerns that the Chinese contract chip maker could be punished by Washington over potential violations of US economic sanctions on the country for invading Ukraine.
United States Hua Hong Gina Raimondo York Stock Exchange Hua Hong Semiconductor King Pai Technology Co

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China urges US to drop sanctions against Chinese firms over Russia-Ukraine conflict

Chinas Foreign Ministry said on Wednesday that it has lodged stern representations with the US side after the latter blacklisted five Chinese companies for allegedly supporting Russia, while urging Washington to withdraw the unilateral sanctions and vowing to defend Chinese firms interests.
Li Yong United States Qi Kai Colm Rafferty Sinno Electronics Co Ltd Us Commerce Department

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