China sanctions US defence companies
The Chinese Ministry of Commerce has placed two American companies on the sanctions list for arms sales to Taiwan. The companies included in the list were Lockheed Martin and Raytheon Technologies working with the US Department of Defence. In line with the sanctions decision, both companies and their subsidiaries Raytheon Missile and Defence Corporation will […]
China imposes sanctions on US that reminds red lines
The Chinese Foreign Ministry has imposed counter-sanctions on seven US military companies and related senior executives due to recent military aid and arms sales to Taiwan. China said in a statement that the US actions seriously violate the one-China principle and three China-US joint declarations, interfere in China’s internal affairs, and undermine China’s sovereignty and […]
Taiwanese businessman Tsao to sue Chinese authorities over sanctions
Taiwanese businessman Robert Tsao announced that he will sue senior Chinese officials in a Taiwanese court over sanctions imposed on him. Tsao said he is trying to counter China’s intimidation of his legal activities. China, which claims Taiwan as its territory, said last month that it would punish and sanction Tsao, the retired founder of […]