Chinese Tech Giants Quietly Retreat From Doing Business With Russia

Chinese Tech Giants Quietly Retreat From Doing Business With Russia HONG KONG—Chinese tech companies are quietly pulling back from doing business in Russia under pressure from U.S. sanctions and suppliers, despite calls by Beijing for companies to resist overseas coercion. Several major companies are curtailing shipments in Russia, where Chinese tech firms dominate the market for many products, without making any public announcements, according to interviews with people familiar with the matter.