China Sanctions 20 American Defence Companies And 10 Executives Over Arms Sales To Taiwan

 

China has imposed sanctions against 20 U.S. defence-related companies and 10 executives, a week after Washington announced large-scale arms sales to Taiwan.

According to the Chinese foreign ministry, the sanctions entail freezing the companies’ assets in China and banning individuals and organisations from dealing with them.

“We stress once again that the Taiwan question is at the very core of China’s core interests and the first red line that must not be crossed in China－US relations,” the Chinese foreign ministry said in a statement on Friday.

“Any company or individual who engages in arms sales to Taiwan will pay the price for the wrongdoing.”

The ministry also urged the U.S. to stop what it called “the dangerous moves of arming Taiwan.”

The companies include Northrop Grumman Systems Corporation, L3Harris Maritime Services and Boeing in St. Louis, while defence firm Anduril Industries founder Palmer Luckey is one of the executives sanctioned, who can no longer do business in China and is barred from entering the country.

Their Chinese assets have also been frozen.

The announcement of the U.S. arms-sale package, valued at more than $10 billion (€8.6 billion), has drawn an angry response from China, which claims Taiwan as its own and says it must come under its control.

If approved by the American Congress, it would be the largest-ever U.S. weapons package to the self-ruled territory.

The U.S. is obligated to assist Taiwan with its self-defence under federal law, a point that has become increasingly contentious with China. Beijing already has strained ties with Washington over trade, technology and human rights issues.

China’s military has increased its presence in Taiwan’s skies and waters in the past few years, holding drills with its warships and fighter jets on a near-daily basis near the island.