News Snapshot:
Beijing has reportedly banned the supply of military-grade processors to Russia produced by Chinese company Loongson, in a potential setback to Moscow's war effort in Ukraine. Sanctions imposed since the start of Vladimir Putin's invasion have driven out many western companies from Russia and forced Moscow to look for new suppliers for crucial electronic components, including those for its weapons. Russian manufacturers had been testing Chinese-made processors to replace those produced by companies like Intel, which had suspended deliveries, the Russian business newspaper Kommersant reported. But a source from Russia's ministry of digital development told the outlet that the Chinese...
