In a significant move, the Chinese Foreign Ministry announced on Wednesday that it will impose sanctions on nine U.S. military companies in response to recent arms sales to the Taiwan region. This decision underscores the ongoing tensions between China and the United States concerning Taiwan.
The ministry criticized the U.S. for violating the one-China principle and the three China-U.S. joint communiques, asserting that these arms sales interfere with China’s internal affairs and undermine its sovereignty and territorial integrity.
Under articles three, four, six, nine, and fifteen of China's Anti-Foreign Sanctions Law, the sanctioned companies include Sierra Nevada Corporation, Stick Rudder Enterprises LLC, Cubic Corporation, S3 AeroDefense, TCOM Limited Partnership, TextOre, Planate Management Group, ACT1 Federal, and Exovera. As a result, all properties of these companies in China will be frozen, and Chinese organizations and individuals are prohibited from engaging in any transactions or collaborations with them.
The sanctions are set to take effect on September 18, 2024, marking a critical escalation in the geopolitical dynamics surrounding Taiwan. This development is closely watched by international observers, as it may have broader implications for U.S.-China relations and global defense markets.
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China to sanction 9 U.S. firms over arms sales to Taiwan region
cgtn.com
