Beijing sanctions 12 US military-linked firms over Taiwan arms
Beijing on Wednesday said it had taken measures against 12 companies involved in the US military-industrial complex and their senior executives, in response to the US arming of Taiwan and sanctions on Chinese companies.
Beijing sanctions 12 US military-linked firms over Taiwan arms
Geurasia

Beijing sanctions 12 US military-linked firms over Taiwan arms

Photo: iStock
Eurasia 23/05/2024 18:37

Beijing on Wednesday said it had taken measures against 12 companies involved in the US military-industrial complex and their senior executives, in response to the US arming of Taiwan and sanctions on Chinese companies.

The US companies included units of Lockheed Martin, Raytheon and General Dynamics, China’s foreign ministry said, according to South China Morning Post.

The measures, which include freezing assets in China and banning senior executives from entering the country including Hong Kong and Macau, took effect from Wednesday, it added.

The action follows the US “indiscriminately imposing unlawful unilateral sanctions on a number of Chinese entities on the basis of so-called Russia-related factors”, the ministry said in a statement.

China said the US had “ignored its objective and impartial position in the Ukrainian crisis”, and had instead “engaged in unilateral bullying and economic coercion”.

The ministry said the US had also continued to sell arms to Taiwan, which “seriously violates” the one-China principle and joint communiqués between both countries, and “seriously undermines” China’s sovereignty and territorial integrity.

See Also
Central Asia and the
Central Asia and the "Dutch disease" paradigm

The notion of Central Asia being the "Dutch patient" is a term used to describe a region that has experienced economic challenges yet has shown signs of positive growth. Geographically, Central Asia is a region bordered by the Caspian Sea to the west, China to the east, Afghanistan to the south, and Russia to the north. Comprising five former Soviet republics—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan—the region's abundant natural resources and strategic geographic location, as well as its natural beauty and cultural heritage, rapidly transformed it into a major economic bloc by the first quarter of the 21st century.With a population of 82 million, Central Asia has become a dynamic market, attracting growing interest from Europe to Africa.

Lebanon’s president names ICJ judge Nawaf Salam as PM-designate
Lebanon’s president names ICJ judge Nawaf Salam as PM-designate

Lebanon’s newly elected President Joseph Aoun has summoned Nawaf Salam, the head of the International Court of Justice, to designate him as the country’s prime minister after he won the backing of more than half of parliamentarians. The decision spark outrage in the ranks of Hezbollah, as the paramilitary organisation wanted PM Najib Mikati to keep the job.

2025 has been declared as the “International Year of Peace and Trust” in Turkmenistan
2025 has been declared as the “International Year of Peace and Trust” in Turkmenistan

Turkmenistan is a Turkic state in Central Asia. It borders Uzbekistan to the north, Iran to the south and Afghanistan to the southeast. Turkmenistan declared its independence from the Soviet Union in 1991. Turkmenistan proclaimed its permanent neutrality, recognized by the United Nations on December 12, 1995.

We use cookies on our website. If you consent to their use, we use them to measure and analyze the use of the website.
Information and Settings