The amount of banned commodities transshipped to Russia via Hong Kong and China decreased dramatically in the first part of 2024. Hong Kong continues to be a significant hub for sanctions evasion in spite of this. US efforts, which have centered on enforcing sanctions and interacting with implicated corporations, have halted illicit flows. Amid international scrutiny and difficulties with enforcement, worries about China's role in facilitating Russian military supplies continue.
The amount of banned commodities transshipped to Russia via Hong Kong and China decreased dramatically in the first part of 2024. Hong Kong continues to be a significant hub for sanctions evasion in spite of this. US efforts, which have centered on enforcing sanctions and interacting with implicated corporations, have halted illicit flows. Amid international scrutiny and difficulties with enforcement, worries about China's role in facilitating Russian military supplies continue.