Skip to content

China Sanctions U.S. Firms Over Arms Sales to Taiwan

The Chinese Foreign Ministry announced on Sunday to impose countermeasures against nine US companies for arms sale to China’s Taiwan region, as the arms sales “seriously undermined the one-China principle and China’s sovereignty and territorial integrity,” Global Times reports today. This followed the announcement by the U.S. State Department on Monday that it has approved a possible foreign military sale to Taiwan region of spare parts valued at about $228 million.

The Chinese sanctions say that “movable, immovable and all other types of properties in China belonging to these nine companies will be frozen. Organizations and individuals in China are prohibited from engaging in transactions, cooperation and other activities with the above-mentioned enterprises,” according to the Chinese Foreign Ministry.

This post is for paying subscribers only

Subscribe

Already have an account? Sign In