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.

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