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China Sanctions U.S. Defense Firms Over Taiwan Arms Sales
Published 2 weeks ago
Description
China Retaliates: Sanctions on U.S. Defense Firms Over Taiwan Arms SalesChinas foreign ministry imposed sanctions on ten individuals and twenty U.S. defense firms, including Boeing, Northrop Grumman, and L3Harris, in response to a $11.1 billion arms package to Taiwan. The sanctions freeze assets and ban business dealings, with individuals also banned from entering China. Beijing views Taiwan as its territory and warns of a firm response to any provocative moves, while the U.S. is legally bound to help Taiwan defend itself.
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