China sanctions Lockheed Martin, Raytheon for Taiwan sales

Raytheon, Lockheed take a balloon war hit in China

Beijing’s latest sanctions against Lockheed Martin Corp and Raytheon Missiles & Defense may affect some of the companies’ joint ventures in China, commentators said. China’s Ministry of C…

China sanctions Lockheed Martin, Raytheon for Taiwan sales

China has imposed trade and investment sanctions on United States military contractors Lockheed Martin and Raytheon for supplying weapons to Taiwan.

China sanctions Lockheed Martin, Raytheon for Taiwan sales

The move comes as relations between the two countries have soured over a balloon shot down off the South Carolina coast.

China retaliates against US with sanctions on Raytheon and Lockheed Martin

The Chinese government has imposed sanctions on the United States' largest defense contractors, Raytheon and Lockheed Martin, a retaliatory measure over the U.S. shooting down a Chinese balloon and placing its own sanctions on China.While the move is largely a symbolic gesture, it comes amid rising tensions between the two nations, as according to the Wall Street Journal, China has placed the companies on their “unreliable entities list” due to …

China Sanctions Lockheed Martin, Raytheon for Taiwan Sales

China imposed trade and investment sanctions Thursday on Lockheed Martin and a unit of Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory. Lockheed Martin Corp. and Raytheon Technologies Corp.'s Raytheon Missiles and Defense are barred from importing goods into China or making new investments in the country, the Ministry of Commerce announce…

China sanctions 2 US firms for arms sales to Taiwan

China has imposed sanctions on two US firms involved in arms sales to Taiwan, adding them to a list of entities that endanger its national sovereignty and security.