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Chinese Technology Exports to Russia Plummet Amid U.S.-Led Sanctions

Chinese technology exports to Russia plummeted in March after U.S.-led sanctions took effect, U.S. Commerce Secretary Gina Raimondo said, calling it a sign of Beijing’s wariness about violating the trade prohibitions. Chinese shipments of laptops to Russia fell by 40 percent in March compared with February, while exports of smartphones were off by two-thirds, she said, citing the most recently available Chinese trade data.

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Author: Doug Isenberg

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