On Thursday, China expanded its sanctions list to include over ten U.S. defense companies and six individuals while citing their involvement in arms sales to Taiwan. The Chinese Foreign Ministry announced that the United States violated the “One China” policy and interfered in China’s internal affairs. The ministry declared its decision to impose sanctions on U.S. defense industry firms and their top executives under the Anti-Foreign Sanctions Law.
Teledyne Brown Engineering Inc., BRINC Drones Inc., and Shield AI Inc. are among the 13 newly sanctioned companies. These entities will have their assets frozen in China and be barred from conducting business with Chinese companies or individuals.
The sanctions list also includes six individuals: Barbara Borgonovi, president of Naval Power at Raytheon RTX, and Blake Resnick, CEO of Brink Drones. These individuals will face sanctions like freezing their assets in China and restrictions on visa issuance and entry into the country.
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