China Sanctions US Companies Over Taiwan Arms Sales

The Chinese government imposed sanctions on seven companies on Friday in response to recent US announcements regarding military sales and aid to Taiwan, the self-governing island that China claims as part of its territory. The sanctions are also a response to the recent approval of the US government's annual defense spending bill, which, according to a statement from the Chinese Foreign Ministry, “includes multiple negative sections on China”.

China opposes US military assistance to Taiwan and often imposes sanctions on related companies after a sale or aid package is announced. The sanctions usually have a limited impact, because US defense companies do not sell weapons or other military goods to China. The United States is the main supplier of arms to Taiwan for its defense. The seven sanctioned companies are Insitu Inc., Hudson Technologies Co., Saronic Technologies, Inc., Raytheon Canada, Raytheon Australia, Aerkomm Inc. and Oceaneering International Inc., according to the Foreign Ministry statement. Likewise, sanctions are imposed on the “relevant high-level executives” of the companies, without naming any. Any assets they have in China will be frozen, and organizations and individuals in China are prohibited from participating in any activities with them, it stated. US President Joe Biden authorized last week up to 571 million dollars in material and services, as well as military education and training, from the Department of Defense for Taiwan. Furthermore, the Department of Defense announced the approval of 295 million dollars in military sales. The US defense bill increases military spending to 895 billion dollars and allocates resources to a more confrontational approach with China

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

China Sanctions Seven US Companies Over Taiwan Arms SalesThe Chinese government has imposed sanctions on seven US companies in response to recent US military sales and aid to Taiwan. The sanctions come after the US Congress approved a defense spending bill that includes provisions supporting Taiwan. China views US military assistance to Taiwan as a threat to its sovereignty and has repeatedly condemned such actions.
Fonte: ABC - 🏆 471. / 51 Leggi di più »

China Sanctions US Companies Over Taiwan Arms SalesChina has imposed sanctions on seven US companies for their involvement in supplying Taiwan with arms and military equipment. The sanctions, announced by the Chinese Foreign Ministry, are in response to the US government's recent approvals of military aid and sales to Taiwan.
Fonte: ksatnews - 🏆 442. / 53 Leggi di più »

China Sanctions US Companies Over Taiwan Arms SalesChina has imposed sanctions on seven US companies for their involvement in arms sales to Taiwan. The sanctions come after the US government approved a new package of military aid for Taiwan, which includes funding for weapons, training, and other military support.
Fonte: wjxt4 - 🏆 246. / 63 Leggi di più »

China Sanctions US Companies Over Taiwan Arms SalesChina has imposed sanctions on seven US companies in response to recent US military sales and aid to Taiwan. The sanctions also target the US annual defense spending bill, which China views negatively. The affected companies include Insitu Inc., Hudson Technologies Co., Saronic Technologies, Inc., Raytheon Canada, Raytheon Australia, Aerkomm Inc. and Oceaneering International Inc. Chinese authorities will freeze any assets the companies hold in China and prohibit Chinese organizations and individuals from engaging with them.
Fonte: adndotcom - 🏆 293. / 63 Leggi di più »