Hong Kong is global trade hub for world’s most brutal regimes, report says
Pro-democracy campaign group finds exports of goods to Russia, vital to its war efforts, roughly doubled in a year
Hong Kong has become a global trade hub for “the world’s most brutal regimes”, according to a report examining the city’s role in facilitating the flow of goods to countries under sanctions by the west, including Russia, Iran and North Korea.
A report published on Monday by the Committee for Freedom in Hong Kong Foundation, a campaign group, found that between 2021 and 2022, exports of semiconductors from Hong Kong to Russia roughly doubled to $400m (£310m), second only to shipments from mainland China. Semiconductors are vital to Russia’s war effort as they are a component in weaponry such as drones and cruise missiles.
