May 20, 2024
1 min read

China Targets U.S. Firms for Taiwan Weapon Sales

The sanctioned companies will be prohibited from making further investments in China, and their managers will be banned from travelling….reports Asian Lite News

China placed three defence companies in the US on its list of “unreliable companies” for selling weapons to Taiwan, China’s Ministry of Commerce announced on Monday.

The three companies added to China’s list of “unreliable companies” are Boeing Defense, Space & Security, General Atomics Aeronautical Systems and General Dynamics Land Systems.

The sanctions are intended to penalise the US for supplying weapons to Taiwan, which Beijing considers part of its territory.

The sanctioned companies will be prohibited from making further investments in China, and their managers will be banned from travelling.

When the sanctions were announced, Lai Ching-te of Taiwan’s ruling Democratic Progressive Party (DPP) was being sworn in as the self-governing island’s new President.

The latest action adds to a series of sanctions Beijing has imposed on US defence companies for selling weapons to Taiwan.

In September last year, China had already sanctioned the US firms Lockheed Martin and Northrop Grumman due to such arms sales. Five more companies followed in January.

Relations between Washington and Beijing have been very tense for some time, as the US also repeatedly places Chinese companies on its sanctions list.

The Biden administration cites escalating pressure from China on Taiwan – including increased military activity both in the air and at sea – as justification for delivering arms to the island.

China considers the democratically governed island to be part of the People’s Republic and has threatened to invade on several occasions.

However, Taiwan maintains a strong sense of independence, and Lai has not signalled any intention to deviate from this stance

ALSO READ: Taiwan refutes China’s allegations about dollar diplomacy with Guatemala

Previous Story

Trump receives NRA endorsement

Next Story

Nepal’s PM Prachanda Wins Key Confidence Vote

Latest from -Top News

Piyush Goyal Heads to Doha for Trade Talks

During the visit, both sides are expected to discuss the proposed India–Qatar Free Trade Agreement (FTA)….reports Asian Lite News Union Commerce and Industry Minister Piyush Goyal will travel to Doha, Qatar, on

Jaishankar Hints at Tariff Deal with US

Jaishankar explained that the ongoing trade tensions largely stem from the inability of both sides to reach a common ground on several issues….reports Asian Lite News External Affairs Minister S. Jaishankar on

Rajnath Singh Heads to Australia for Key Defence Talks

The visit comes at a historic moment when India and Australia commemorate five years of establishment of India-Australia Comprehensive Strategic Partnership…reports Asian Lite News Defence Minister Rajnath Singh will visit Australia from

California Takes Trump to Court

Trump claimed that the deployment of federalized troops was necessary because the city of Portland was under siege…reports Asian Lite News California Governor Gavin Newsom said the state will sue the Trump

Hamas Heads to Egypt for Gaza Talks

The negotiation will focus on the details of enacting the first phase of the plan…reports Asian Lite News A delegation from the Palestinian group Hamas arrived in Egypt on Sunday ahead of
Go toTop

Don't Miss

US condemns Russian attack on Odessa Port

Russian officials told Ankara that Russia had “nothing to do”

China accuses Trudeau govt of ‘double standards’

The Chinese diplomatic mission noted that Canadian police used violent