China Imposes Sanctions on 7 US Military Companies Over Arms Sales to Taiwan
The Chinese Ministry of Foreign Affairs announced on Friday that Beijing has decided to impose sanctions on seven US military companies due to their arms sales to Taiwan.
According to the Chinese Foreign Ministry’s website, the decision to take countermeasures against these seven US military companies and their senior executives was made public. This move comes after the United States recently announced it would provide significant military aid and weapons sales to Taiwan.
Under Articles 3, 4, 5, 6, 9, and 15 of the People’s Republic of China’s Anti-Foreign Sanctions Law,
China has targeted the following companies:
- Insitu Corporation
- Hudson Technology Corporation
- Saronic Technologies
- Raytheon Canada
- Raytheon Australia
- Aircom Company
- Oceaneering International, Inc.
The sanctions include:
- Freezing all movable, immovable, and other types of assets of these companies within Chinese territory.
- Prohibiting Chinese organizations and individuals from engaging in transactions, cooperation, or other related activities with these companies.
These measures will take effect from December 27, 2024.
Previously, China’s Xinhua News Agency reported that the White House had announced military
aid to Taiwan valued at $571.3 million last Friday. On the same day, the US Department of Defense
stated that the State Department had approved arms sales to Taiwan worth $295 million.
In response, China criticized these new military aids, stating that the package violates the “One
China Principle” and the provisions of the joint communiqués between China and the United
States. Beijing further declared it would take “all necessary measures to safeguard its sovereignty
and territorial integrity.”
China insists on the “One China Principle,” which asserts that there is only one China in the world,
Taiwan is an inseparable part of Chinese territory, and the government of the People’s Republic of
China is the sole legitimate government representing all of China.
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