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China sanctions military firms and executives over US arms sales to Taiwan


//business-finance.news-articles.net/content/202 .. and-executives-over-us-arms-sales-to-taiwan.html
Published in Business and Finance on Friday, December 27th 2024 at 13:00 GMT by Reuters   Print publication without navigation

  • China has sanctioned seven military industrial companies and related senior executives over U.S. arms assistance and sales to Taiwan, the Chinese foreign ministry said on Friday.

China has imposed sanctions on five American defense companies and their executives for their involvement in arms sales to Taiwan, as reported by Reuters on December 27, 2024. The sanctions, which include freezing the assets of these companies and barring their executives from entering China, target firms like Lockheed Martin, Raytheon, and General Dynamics, among others. This move is part of China's ongoing efforts to assert its claim over Taiwan, which it considers a breakaway province, and to counteract what it perceives as provocations by the United States. The sanctions come amidst heightened tensions in the region, with China regularly protesting against U.S. military support for Taiwan, which has been a point of contention in U.S.-China relations.

Read the Full Reuters Article at:
[ https://www.reuters.com/world/china-sanctions-military-firms-executives-over-us-arms-sales-taiwan-2024-12-27/ ]

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