US Urges Hong Kong Banks to Curb Russia Exports, Nikkei Says

  • Banks asked to identify US tech items being shipped to Russia
  • Concern is growing in US, Europe over China-Russia links
Lock
This article is for subscribers only.

US Treasury officials visited Hong Kong in June to urge the city’s central bank, financial institutions and other groups to curb the flow of advanced American-made technology into Russia, the Nikkei reported.

Three officials from the Treasury Department’s terrorist financing and financial crimes department held meetings on June 15 and 16 in Hong Kong, according to the news organization, which cited unidentified people. They asked banks and regulators to help identify US high-tech items being shipped to Russia via the Asian financial hub, the people said.