Beijing to impose sanctions on US defence firms Lockheed and Raytheon over arms sales to Taiwan

Source: China – South China Morning PostBeijing on Monday said it would impose sanctions on two American defence companies in retaliation to the latest US arms sale to Taiwan.Chinese foreign ministry spokesman Wang Wenbin told reporters that Lockheed Martin and Raytheon Technologies would be subject to sanctions for their “long-term involvement in US arms sales” to the island.The US$100 million deal – approved by the US two weeks ago and aimed at upgrading Taiwan’s Patriot missile defence system – was a serious infringement of China…Read More

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