"China Hits Five US Arms Firms with Sanctions Over Taiwan Sales"

1 min read
Source: Reuters
"China Hits Five US Arms Firms with Sanctions Over Taiwan Sales"
Photo: Reuters
TL;DR Summary

China announced sanctions against five U.S. military manufacturers in retaliation for a recent U.S. arms sale to Taiwan. The sanctioned companies include BAE Systems Land and Armaments, Alliant Techsystems Operations, AeroVironment, Viasat, and Data Link Solutions. These measures are a response to a $300 million U.S. deal to support Taiwan's tactical information systems, which China claims undermines its sovereignty and threatens peace in the Taiwan Strait. The sanctions will involve asset freezes and prohibitions on Chinese entities engaging with the targeted companies. This move comes just before Taiwan's presidential and parliamentary elections on January 13.

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