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China sanctions three US firms for selling arms to Taiwan

China sanctions three US firms for selling arms to Taiwan

BAKU, Azerbaijan, May 20. In a bold move, China’s Ministry of Commerce has placed three US companies on its list of unreliable entities for selling weapons to Taiwan. The companies affected are General Atomics Aeronautical Systems, General Dynamics Land Systems, and Boeing Defense, Space & Security. This decision was made in the interest of protecting China’s sovereignty, security, and development.

The Ministry has imposed restrictive measures on these companies, including a ban on trading with China and making new investments in the country. Additionally, executives from these companies are prohibited from entering China.

This latest development marks a significant escalation in tensions between the US and China, as the trade war continues to intensify. It will be interesting to see how these companies respond to this unprecedented move and the implications it will have on future trade relations between the two economic powerhouses.

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