Updated
Updated · Bloomberg · Apr 30Russia imports over 90% of sanctioned technology through China
8 articles · Updated · Bloomberg · Apr 30
- The share has risen from about 80% last year, according to people familiar with private assessments, as Moscow deepens dependence on Beijing.
- The shift comes as the European Union tightens enforcement against routes Russia uses to obtain restricted goods despite sanctions.
- The supplies have helped Russia increase production of weapons systems including missiles and drones as its war against Ukraine continues.
Why do US-made components dominate Russian drones when China is the primary technology supplier? Is Russia's growing tech reliance on China a wartime masterstroke or a long-term strategic blunder? As the EU bans Russian crypto, what new financial backdoors will Moscow and Beijing use to trade?