On May 22nd, the Chinese government announced additional sanctions against 12 U.S. defense companies, following its earlier imposition of sanctions on firms like Boeing’s defense and space sectors on May 20th. These measures responded to the companies’ involvement in arms sales to Taiwan.
The Chinese Ministry of Foreign Affairs declared that the sanctions would include asset freezes and bans on entry for the affected companies and their executives. These actions significantly escalate China’s response to U.S. arms dealings with Taiwan.
The sanctioned companies include Lockheed Martin Corporation Missile and Fire Control, General Dynamics Information Technology, Intercostal Electronics, System Studies and Simulation, Iron Mountain Solutions, and seven others. These measures involve freezing assets in China, such as real estate and other property types.
The Chinese government imposed entry bans on 10 senior executives, including Northrop Grumman’s president, Kathy Warden.
These sanctions seem to respond to U.S. arms sales to Taiwan and U.S. sanctions on Chinese companies related to the Russia-Ukraine conflict. China’s Ministry of Foreign Affairs said the measures came after the U.S. “indiscriminately imposed illegal unilateral sanctions on several Chinese entities on the grounds of so-called Russian-related factors” and that the U.S. “continued to sell arms to China’s Taiwan region.”
Furthermore, they stated that the U.S. continues to sell arms to Taiwan, which they claim seriously violates the “One China” policy and the provisions of the three major joint communiques between China and the U.S. They argued that this action severely interferes with China affairs and significantly damages China’s sovereignty and territory.
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