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Chinasanctions

All articles tagged with #chinasanctions

politicsinternational-relations2 years ago

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

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.

via Reuters|
##chinasanctions#militarymanufacturers
international-relations2 years ago

"China Imposes Sanctions on Five US Arms Firms for Taiwan Sales"

China has imposed sanctions on five U.S. defense companies in retaliation for recent U.S. arms sales to Taiwan and U.S. sanctions on Chinese entities. The sanctions aim to freeze the companies' assets in China and bar Chinese individuals and organizations from dealing with them, although the impact is expected to be largely symbolic since these companies do not typically do business with China. This move comes ahead of Taiwan's presidential election and amidst heightened tensions across the Taiwan Strait, with China viewing U.S. arms sales as interference in its internal affairs and a threat to its sovereignty. The U.S. maintains its commitment to Taiwan's defense capabilities, citing legal obligations to support the island's ability to defend itself.

via NBC News|
##chinasanctions#international-relations
international-relations2 years ago

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

China has imposed sanctions on five American defense companies in retaliation for their involvement in arms sales to Taiwan. The sanctions include freezing assets within China and banning transactions and cooperation with the firms, which are BAE Systems Land and Armament, Alliant Techsystems Operation, AeroVironment, ViaSat, and Data Link Solutions. This move reflects escalating tensions between China and the US over Taiwan.

via Bloomberg|
##chinasanctions#economicmeasures
world-news2 years ago

"China Retaliates Against US Defense Firms Over Taiwan Arms Deals"

China has imposed sanctions on five American defense companies in retaliation for U.S. arms sales to Taiwan and U.S. sanctions on Chinese entities. The targeted companies are BAE Systems Land and Armaments, Alliant Techsystems Operations, AeroVironment, ViaSat, and Data Link Solutions. These sanctions will freeze any assets the companies have in China and ban dealings with Chinese organizations and individuals. The impact of these sanctions is expected to be largely symbolic since U.S. defense contractors typically do not conduct business with China. This move reflects ongoing tensions over Taiwan, a self-governing island that China claims as its territory and a significant point of contention in U.S.-China relations.

via The Associated Press|
##chinasanctions#taiwanarmssales