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China Hits U.S. Defense Firms With Sanctions Over Arms Sales To Taiwan

China Hits U.S. Defense Firms With Sanctions Over Arms Sales To Taiwan

<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<p> <br &sol;>&NewLine;<&sol;p>&NewLine;<div style&equals;"position&colon;relative">&NewLine;<p>China’s foreign ministry announced sanctions on Friday targeting 10 individuals and 20 U&period;S&period; defense firms&comma; including Boeing’s St&period; Louis branch&comma; over arms sales to Taiwan&period;<&sol;p>&NewLine;<p>A spokesperson for the U&period;S&period; State Department said the United States strongly objected to the Chinese move&comma; which freezes any assets the companies and individuals hold in China and bars domestic organizations and individuals from doing business with them&period;<&sol;p>&NewLine;<p>Individuals on the Chinese list&comma; including the founder of defense firm Anduril Industries and nine senior executives from the sanctioned firms&comma; are also banned from entering China&comma; it added&period;<&sol;p>&NewLine;<p>Other companies targeted include Northrop Grumman Systems Corporation and L3Harris Maritime Services&comma; and Boeing’s St&period; Louis branch&comma; which focuses on defense work&period;<&sol;p>&NewLine;<p>The Chinese action appears largely symbolic given China’s lack of dealings with U&period;S&period; defense firms&comma; whereas it has been a major purchaser of Boeing civilian aircraft&period;<&sol;p>&NewLine;<p>The move follows Washington’s announcement last week of &dollar;11&period;1 billion in arms sales to Taiwan&comma; the largest ever U&period;S&period; weapons package for the island&comma; drawing Beijing’s ire&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The Taiwan issue is the core of China’s core interests and the first red line that cannot be crossed in China-U&period;S&period; relations&comma;” a Chinese foreign ministry spokesperson said in a statement on Friday&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Any provocative actions that cross the line on the Taiwan issue will be met with a strong response from China&comma;” the statement said&comma; urging the U&period;S&period; to cease &OpenCurlyDoubleQuote;dangerous” efforts to arm the island&period;<&sol;p>&NewLine;<p>China views democratically-governed Taiwan as part of its own territory&comma; a claim Taipei rejects&period;<&sol;p>&NewLine;<p>The U&period;S&period; is bound by law to provide Taiwan with the means to defend itself&comma; though such arms sales are a persistent source of friction with China&period;<&sol;p>&NewLine;<p>The State Department spokesperson said this policy had &OpenCurlyDoubleQuote;remained consistent across nine different U&period;S&period; administrations and contributes to the maintenance of peace and stability across the Taiwan Strait&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We strongly object to Beijing’s efforts to retaliate against U&period;S&period; companies for their support of U&period;S&period; arms sales that support Taiwan’s self-defense capabilities&comma;” the spokesperson said&comma; while urging Beijing to cease military&comma; diplomatic&comma; and economic pressure against Taiwan and instead engage in meaningful dialogue with Taipei&period;<&sol;p>&NewLine;<p>Boeing has been in talks to sell Chinese carriers up to 500 civilian jets&comma; according to a report in September&comma; which would represent a major breakthrough for the company in the world’s second-largest aviation market&comma; where orders have stalled amid U&period;S&period;-China trade tensions&period;<&sol;p>&NewLine;<p>&lpar;Reporting by Beijing Newsroom&semi; Additional reporting by David Brunnstrom in Washington&semi; Editing by Joe Bavier&comma; Peter Graff and Alistair Bell&rpar;<&sol;p>&NewLine;<&sol;div>&NewLine;<p><br &sol;>&NewLine;<br &sol;><a href&equals;"https&colon;&sol;&sol;www&period;dailywire&period;com&sol;news&sol;china-hits-u-s-defense-firms-with-sanctions-over-arms-sales-to-taiwan">Source link <&sol;a><&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER --><&sol;p>&NewLine;

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