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Beijing places sanctions on US arms companies Lockheed and Raytheon

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BEIJING : China has placed U.S. companies Lockheed Martin Corp and Raytheon Technologies Corp under sanctions over U.S. arms sales to Taiwan. The sanctions are countermeasures against the two companies over a $100 million Feb. 7 arms sale that 'undermined China's security interests, seriously undermined C

BEIJING : China has placed U.S. companies Lockheed Martin Corp and Raytheon Technologies Corp under sanctions over U.S. arms sales to Taiwan.

Beijing says that the self-ruled island of Taiwan is a breakaway province that must be reunified with the mainland.

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