China sanctions U.S. companies over Taiwan arms deal

By Rebel News
|
October 27, 2020

Start your free trial

Access exclusive members only RebelNews+ shows, event footage, and documentaries

China has announced sanctions against American businesses, individuals and entities in response to a US$1.8 billion arms deal with Taiwan last week.

The deal between the United States and Taiwan consisted of three weapons systems, featuring rocket launchers, sensors and artillery. The Chinese sanctions apply to Lockeed Martin, Boeing Defense and Raytheon.

China to sanction three US firms over US$1.8bn Taiwan arms deal that included missiles that can strike mainland: Boeing Defence, Lockheed Martin and Raytheon targeted https://t.co/0yQnS1xR41
— SCMP News (@SCMPNews) October 26, 2020

Taiwan's defence minister suggested the purchase would help “build credible combat capabilities and strengthen the development of asymmetric warfare,” according to the BBC.

Zhao Lijian, a foreign ministry spokesperson for China, said the deal violated the current agreement between the communist regime and the U.S. government.

“We stand firmly opposed to and deplore such practice,” Zhao said of the Taiwanese purchase of U.S. weaponry and technology. “We will continue to take necessary measures to safeguard our national sovereignty and security interests.”

China said Monday that it will impose unspecified sanctions on Lockheed Martin, Boeing and Raytheon over arms deals with Taiwan totaling $1.8 billion. By ⁦@ByChunHan⁩ https://t.co/1ak9gnrkw6
— Newley Purnell (@newley) October 26, 2020

The arrangement between the U.S. and Taiwan comprises 135 precision-guided cruise missiles, plus mobile light rocket launchers and air reconnaissance pods designed for attaching to fighter jets.

Tensions between the U.S. and China have been rising over the small island nation, considered by China to be apart of its country under the “One China Policy,” with the Trump administration willing to shakeup the delicate balance between the two world powers.

Spread the Word!