China Sanctions US Companies Over Taiwan Military Aid

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 20 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 92%

International Relations News

China,Taiwan,US Sanctions

China imposed sanctions on seven US companies for their involvement in military sales and aid to Taiwan. The sanctions are in response to recent US actions, including the approval of a defense spending bill that China views as hostile. The US is Taiwan's primary weapons supplier, and China routinely reacts to such transactions with sanctions.

BEIJING — The Chinese government placed sanctions on seven companies on Friday in response to recent US statements of military sales and aid to Taiwan, the self-governing island that China claims as part of its territory.The sanctions also came in response to the recent approval of the US government's annual defense spending bill, which a Chinese Foreign Ministry statement said 'includes multiple negative sections on China.

US President Joe Biden last week authorized up to $571 million in Defense Department material and services and military education and training for Taiwan.Separately, the Defense Department announced that $295 million in military sales had been approved.The US defense bill boosts military spending to $895 billion and directs resources toward a more confrontational approach to China.

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:

 /  🏆 2. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines