Country C's regulators can sanction the companies entities in C including denying access to the market in C. (C.f. how the US got Swiss banks to comply with fin

Country C's regulators can sanction the companies entities in C including denying access to the market in C. (C.f. how the US got Swiss banks to comply with financial transparency laws.) It would not matter if C == Lichtenstein, but China is currently the world's biggest semi-conductor market ...