China levies sanctions against 12 US military-linked companies

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

China has taken measures against 12 U.S. companies with ties to the military in response to the U.S. arming Taiwan and sanctions on Chinese companies.

China said on Wednesday it had taken measures against 12 companies involved in the U.S. military-industrial complex and their senior executives, in response to the U.S. arming of Taiwan and sanctions on Chinese companies. The U.S. companies included units of Lockheed Martin, Raytheon and General Dynamics, China's Foreign Ministry said. The measures, which include freezing assets in China and banning senior executives from entering the country, took effect from Wednesday, it added.

China said the U.S. had "ignored its objective and impartial position in the Ukrainian crisis", and had instead "engaged in unilateral bullying and economic coercion". The ministry said the U.S. has also continued to sell arms to Taiwan, which "seriously violates" the one-China principle and joint communiqués between both countries, and "seriously undermines" China's sovereignty and territorial integrity.

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:

 /  🏆 458. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MS 'surprised' AI stocks are not pricing in potential Chinese invasion of TaiwanMS 'surprised' AI stocks are not pricing in potential Chinese invasion of Taiwan
Source: Investingcom - 🏆 450. / 53 Read more »