Beijing sanctions Lockheed and Raytheon over Taiwan arms sales

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Beijing sanctions Lockheed and Raytheon over Taiwan arms sales
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China imposes new sanctions on US defence contractors Raytheon Technologies and Lockheed Martin due to their arms sales to Taiwan

China has imposed new sanctions on US defence contractors Raytheon Technologies and Lockheed Martin due to their arms sales to Taiwan, stepping up a feud with Washington over security and Beijing’s strategic ambitions.

“China once again urges the US government and relevant parties to . . . stop arms sales to Taiwan and sever military ties with Taiwan," Wang said. Beijing regularly pressures American companies to try to influence US policy. In October 2020, Beijing also announced sanctions against Raytheon and other defence contractors and “relevant American individuals.”

China maintains that US arms sale to Taiwan violates its so-called “one-China principle" and provisions of agreements between Beijing and Washington.

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