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Published 3 months ago

China sanctions Northrop Grumman, Lockheed Martin for arms sales to Taiwan

  • Beijing has imposed sanctions on two American companies, Northrop Grumman and a unit of Lockheed Martin, for their involvement in arms sales to Taiwan. The Chinese foreign ministry warns of "forceful" retaliation against any further US military deals with Taiwan.
  • The sanctions come as China continues to express its opposition to the US arming Taiwan and views it as a breakaway province. Chinese companies are now banned from doing business with the American firms, and senior executives of Lockheed or RMD are not allowed to travel to or work in China.
  • In response, the US government is reported to be redirecting millions of dollars of military financing for Egypt to Taiwan. These developments demonstrate escalating tensions between the US and China over arms sales to Taiwan.
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