China has imposed sanctions on two American defense manufacturers over arms sales to Taiwan
, a day after Beijing pledged to take “countermeasures” in response to Washington’s handling of a suspected Chinese surveillance balloon that entered US airspace late last month. Lockheed\n \n Martin Corporation and Raytheon\n \n Missiles & Defense, a subsidiary of Raytheon\n \n Technologies Corp, will be added to China’s sanctions list, its Ministry of Commerce said in a Thursday statement. They are banned from importing, exporting and investing in China.
That move came after American forces downed what it called a Chinese surveillance balloon that entered its airspace late last month. Thursday’s Chinese commerce ministry statement made no mention of the downed balloon, nor the US sanctions on Chinese entities. Instead, it cited “national sovereignty” as the catalyst for the penalties while highlighting both companies’ sales of arms to Taiwan. The move comes at a moment of heightened US-China tension in the wake of the balloon incident.
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China sanctions Lockheed Martin, Raytheon for Taiwan salesBEIJING (AP) — China on Thursday imposed trade and investment sanctions on U.S. military contractors Lockheed Martin and Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory.
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China sanctions Lockheed Martin, Raytheon for Taiwan salesChina on Thursday imposed trade and investment sanctions on U.S. military contractors Lockheed Martin and Raytheon
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