Hong Kong plays leading role in sanctions evasion: report

NEW YORK --The surge of Hong Kong shipments to Russia following Moscow's invasion of Ukraine in 2022 underscores the city's extensive role in helping U.S. adversaries avoid international sanctions, a new analysis published Monday by the Committee for Freedom in Hong Kong Foundation shows.

The 62-page report, "Beneath the Harbor: Hong Kong's Leading Role in Sanctions Evasion," outlines how Hong Kong companies have helped export goods that are under the U.S. and European Union's list of items -- known as Common High Priority Items -- highlighted as essential technology used by Russia's war machine.