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    China Sanctions 5 US Defense Companies in Response to US Sanctions and Arms Sales to Taiwan

    China Sanctions 5 US Defense Companies in Response to US Sanctions and Arms Sales to Taiwan

    BEIJING (AP) — announced sanctions Sunday on five American defense-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals.

    The sanctions will freeze any property the companies have in China and prohibit organizations and individuals in China from doing business with them, the Foreign Ministry said in a statement posted online.

    It was unclear what impact, if any, the sanctions would have on the companies, BAE Systems Land and Armaments, Alliant Techsystems Operations, AeroVironment, Viasat and Data Link Solutions. Such sanctions are often mostly symbolic as American defense contractors generally don't sell to China.

    The Foreign Ministry said the U.S. moves harmed China's sovereignty and security interests, undermined peace and stability across the Taiwan Strait and violated the rights and interests of Chinese companies and individuals.

    “The Chinese government remains unwavering in our resolve to safeguard national sovereignty, security and territorial integrity and protect the lawful rights and interests of Chinese companies and citizens,” the ministry statement said.

    The announcement was made less than a week ahead of a presidential election in Taiwan that is being contested in large part over how the government should manage its relationship with China, which claims the self-governing island as its territory and says it must come under its rule.

    The…

    Continue Reading This Article At Military.com

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