Didi Global retreats from its announced decision to cease operations in Russia. Chinese businesses in Ukraine have taken various steps to protect their workers and projects following Russia’s invasion of Ukraine. Indian tax officials launch tax probe of Huawei’s offices in India, raising further concerns about India’s stance towards Chinese tech companies. China Unicom Global criticizes the United States (US) Federal Communication Commission’s decision to terminate the operating license of its US subsidiary. As part of its contribution to Western sanctions against Russia, Japan institutes various economic sanctions against Russian businesses in Japan and implements a number of export restrictions, too. Extant Japanese economic sanctions against Russia and the possibility of more increase Japanese corporate concerns about the adverse ramifications for payments, operations in Russia, and lost export sales. The Korea Communications Commission tells both Apple and Google that they need to redo their plans for complying with Korea’s Telecommunication Business Act which has ramifications for in-app payment systems. Korean construction firms encounter multiple challenges as a result of Russia’s invasion of Ukraine and the subsequent imposition of economic sanctions on Russia.
