Ukraine invasion: Chinese tech firms face dilemma over Western sanctions on Russia

Mar 1, 2022 | INVESTING

US sanctions on exporting hi-tech products to Russia are creating a dilemma for Chinese tech companies, from ride-hailing giant Didi Chuxing to smartphone vendor Xiaomi.On the one hand, it is a tricky proposition to quickly comply with Western sanctions on Russia following its invasion of Ukraine as such a move would run counter to the Chinese government’s official policy of opposing sanctions while also angering pro-Russian domestic consumers.For example, ride-hailing giant Didi Chuxing -…

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