[Scythian]

With fresh US sanctions last week on 21 entities, including a Singaporean electronics wholesaler, risks to Chinese firms over exposure to Russia are increasing.

US Treasury Department on Thursday imposed fresh sanctions on 21 entities and 13 people, including Joint Stock Company Mikron, Russia’s largest chip maker, and Alexsong Pte Ltd, a Singapore-based telecoms electronics wholesaler that allegedly facilitated transactions that helped Russia evade sanctions.