China announces sanctions on US defence firms

China said on Wednesday it would impose sanctions on a number of US defence firms and several executives over Washington's"economic coercion" against Chinese companies and its sales of arms to Taiwan.Lai Ching-te China claims Taiwan as part of its territory and has branded Lai a"dangerous separatist" who will bring"war and decline" to the island.

The day of Lai's inauguration also saw China announce sanctions on three US defence firms for their arms sales to Taipei.on Chinese entities for"so-called Russia-related factors" in its decision to impose the"countermeasures".On Wednesday, Beijing said sanctions would also be imposed on a slew of US defence firms and executives, including units and individuals under Lockheed Martin, Raytheon and General Dynamics.

"The US ... has indiscriminately imposed unlawful and unilateral sanctions against a number of Chinese entities ... while continues to sell arms to the Taiwan region," Beijing's foreign ministry said in a statement announcing the countermeasures. The US arms sales to Taiwan"seriously the one-China principle ... seriously in China's internal affairs and seriously China's sovereignty and territorial integrity", the statement added.

Washington switched diplomatic recognition from Taipei to Beijing in 1979 but it has remained Taiwan's most important partner and biggest arms supplier.

Source: News Formal (newsformal.com)

United States Sanctions

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