Article Summary
China retaliated against the US by sanctioning 12 defense-related US companies and 10 executives over arms sales to Taiwan. The sanctions were in response to US sanctions on Chinese companies linked to Russia. China’s Ministry of Foreign Affairs stated that the US imposed illegal unilateral sanctions on Chinese entities due to Russian-related factors and continued arms sales to Taiwan.
China claims Taiwan as its territory and opposes US weapon sales to the island. The latest sanctions will freeze assets in China, deny visas to individuals and their families, and ban business with Chinese firms. These actions follow previous sanctions on Lockheed Martin and Raytheon. The US recently imposed sanctions on entities connected to Russia’s weapons program, including Chinese companies.
Overall, the sanctions are seen as symbolic in nature, with their impact yet to be fully realized. The ongoing tensions between the US, China, and Taiwan continue to escalate, with actions and reactions affecting various sectors of defense and international relations.