Friday, May 17, 2024
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China sanctions two US companies for supporting weapons sales to Taiwan amid tensions

Beijing: China on Thursday announced sanctions against two US companies over alleged support for arms sales to Taiwan, the self-governing island country that Beijing claims as part of its own territory and has vowed to reclaim it by force if required. Taiwan remains a key friction point in the strained relations between the United States and China.

The announcement freezes the assets of General Atomics Aeronautical Systems and General Dynamics Land Systems held within China. The measure also bars the companies’ management from entering the country. It is not clear what assets the companies have within China, which remains dependent on foreign aerospace technology while attempting to boost domestic manufacturing.

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