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Chinese firms that aid Russia may be cut off from US products

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U.S. Commerce Secretary Gina Raimondo said Chinese firms that defy restrictions on exporting to Russia may be cut off from American equipment and software.

Semiconductor Manufacturing International Corp. is among Chinese companies that may be affected.

A foreign ministry spokesperson in Beijing said the United States' policies toward Ukraine and Russia "should not harm China’s rights and interests."

Read more from Reuters.

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