China sanctions 2 U.S. defense companies and says they support arms sales to Taiwan

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 46 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Business News

World News

China has announced rare sanctions against two U.S. defense companies over what it says is their support for arms sales to Taiwan.

28 minutes agoCopyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistribu

The company helps make the Abrams tank being purchased by Taiwan to replace outdated armor intended to deter or resist an invasion from China. “The continued U.S. arms sales to China’s Taiwan region seriously violate the one-China principle and the provisions of the three China-U.S. joint communiqués, interfere in China’s internal affairs, and undermine China’s sovereignty and territorial integrity,” China's Foreign Ministry said in a statement. It insists that the mainland and the island to which Chiang Kai-shek's Nationalist forces fled amid civil war in 1949 remain part of a single Chinese nation.

Despite their lack of formal diplomatic ties — a concession Washington made to Beijing when they established relations in 1979 — the U.S. remains Taiwan's most important source of diplomatic support and supplier of military hardware from fighter jets to air defense systems.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 246. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines