China sanctions US firms over arms sales to Taiwan
7 months ago

China sanctions US firms over arms sales to Taiwan

Hindustan Times  

China said Monday it would sanction three US defence companies over their sales of arms to Taiwan, as the self-ruled island inaugurated a new president. Chinese President Xi Jinping US firms General Atomics Aeronautical Systems, General Dynamics Land Systems, and Boeing Defense, Space & Security will be added to Beijing's list of "unreliable entities", the country's commerce ministry said. "They will be barred from engaging in China-related import or export activities, and are forbidden to make new investments in China," the state-run Xinhua news agency said. China claims Taiwan as part of its territory and has branded 64-year-old Lai a "dangerous separatist" who will bring "war and decline" to the island.

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