China Sanctions U.S. Defense Companies Over Taiwan Arms Sales
BEIJING (Reuters) – China has sanctioned seven military industrial companies and senior executives over U.S. arms assistance and sales to Taiwan, as stated by the Chinese foreign ministry on Friday.
Among the companies listed are:
– Boeing (NYSE:BA) subsidiary Insitu Inc.
– RTX Inc.’s Raytheon (NYSE:RTN) Canada
– Raytheon Australia
– Hudson (NYSE:HUD) Technologies Co.
The U.S. recently approved $571.3 million in defense support for Taiwan, following arms sales worth approximately $385 million.
China claims Taiwan, which is democratically governed, as its territory and has not ruled out using force to assert control. Taiwan firmly rejects China’s claims, insisting that only its people can determine their future.
Despite no formal diplomatic ties, the U.S. is legally committed to providing Taiwan the means for self-defense.
The sanctions will freeze the assets of these companies and executives in China and prohibit Chinese organizations and individuals from engaging in trade or collaboration with them, according to the ministry’s statement.
The U.S. actions “seriously undermine China’s sovereignty and territorial integrity,” a ministry spokesperson stated during a regular press briefing Friday.
China urges the U.S. to adhere to the one-China principle and cease military support to Taiwan, with spokesperson Mao Ning adding that Beijing will take all necessary measures to protect its security and interests.
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