Since the invasion of Ukraine, the Russian market has been experiencing the busiest times of recent years, as can be expected. With the departure of many foreign companies from Russia due to the war, the suspension of the supply of goods and the economic difficulties caused by the war, brand new conditions and borders are forming around the Russian market.
However, things seem to continue to become more active for the Russian market from this point on. Accordingly, a number of experts and members of the public from the Russian Federation believe that China will “help” Russia. If this happens, it is stated that the United States of America is ready to prevent China.
The United States is standing by to impose sanctions on China
It seems that the United States is telling Beijing that doing business with Russia has bad consequences for them. He is intimidating that he can give birth. For this reason, US Secretary of Commerce Gina Raimondo states that if Chinese companies decide to supply chips to the Russian Federation, they will not ignore this fact and will intervene in the situation.
What is meant by intervention here is comprehensive restrictions, prohibitions and sanctions on American technologies. If you recall the previous US sanctions on China and the example of Huawei, it would not be wrong to say that the sanctions could be quite expensive for China.
However, the US Secretary of Commerce also underlined that Chinese companies have not violated the US sanctions rules against Russia so far. While it is reported that the US Department is monitoring the situation carefully, it is not yet known whether China will comply with the restrictions. However, experts say it is unlikely that Beijing wants to lose a solid sales market.