Monday, 24 Jun, 2024


China announces sanctions on US defence firms

International Desk |
Update: 2024-05-22 18:05:50
China announces sanctions on US defence firms

China said on Wednesday (May 22) it would impose sanctions on a number of US defence firms and several executives over Washington's "economic coercion" against Chinese companies and its sales of arms to Taiwan.

Beijing has bristled in recent days over the warm ties between Washington and Taipei, where Lai Ching-te was sworn in on Monday as the self-ruled island's new president.

China claims Taiwan as part of its territory and has branded Lai a "dangerous separatist" who will bring "war and decline" to the island.

The day of Lai's inauguration also saw China announce sanctions on three US defence firms for their arms sales to Taipei.

In addition to Taiwan, Beijing on Wednesday also cited US sanctions on Chinese entities for "so-called Russia-related factors" in its decision to impose the "countermeasures".

On Wednesday, Beijing said sanctions would also be imposed on a slew of US defence firms and executives, including units and individuals under Lockheed Martin, Raytheon and General Dynamics.

"The US ... has indiscriminately imposed unlawful and unilateral sanctions against a number of Chinese entities ... while (it) continues to sell arms to the Taiwan region," Beijing's foreign ministry said in a statement announcing the countermeasures.

The US arms sales to Taiwan "seriously (violate) the one-China principle ... seriously (interfere) in China's internal affairs and seriously (undermine) China's sovereignty and territorial integrity", the statement added.

Washington switched diplomatic recognition from Taipei to Beijing in 1979 but it has remained Taiwan's most important partner and biggest arms supplier.

Source CNA

BDST: 1805 HRS, MAY 22, 2024

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