US Threatens Chinese Companies with sanctions. (China’s response added)

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The Biden administration could “essentially shut” down Semiconductor Manufacturing International Corporation or any Chinese companies that defy U.S. sanctions by continuing to supply chips and other advanced technology to Russia, Ms. Raimondo said in an interview with The New York Times.

Beijing has pledged to defend Chinese companies and individuals trading with Russia against America’s wishes

China will protect its companies and people who have come under threat of US sanctions over trading with Russia, a spokesman for the Chinese Foreign Ministry said on Wednesday, commenting on Washington’s warnings.

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Foreign Ministry spokesman Zhao Lijian said Beijing “will take all necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises and individuals.”

h/t BlackIrishKnight

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