China sanctions military firms and executives over US arms sales to Taiwan
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Among the companies sanctioned are Boeing subsidiary Insitu, RTX's Raytheon Canada and Raytheon Australia, and Hudson Technologies Co.
PHOTO: REUTERS
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BEIJING - China has sanctioned seven military industrial companies and related senior executives over US arms assistance and sales to Taiwan, the Chinese Foreign Ministry said on Dec 27.
Boeing subsidiary Insitu, RTX’s Raytheon Canada and Raytheon Australia, as well as Hudson Technologies are among the companies listed by the ministry in a statement.
The US recently approved US$571.3 million (S$777 million) in defence support for Taiwan, after giving the go-ahead to arms sales worth an estimated US$385 million.
China claims democratically governed Taiwan as its own territory and has never renounced the use of force to bring the island under its control. Taiwan strongly objects to China’s sovereignty claims and says only the island’s people can decide their future.
The US is bound by law to provide Taiwan with the means to defend itself, despite the lack of formal diplomatic ties between Washington and Taipei.
The sanctions will freeze the companies and executives’ assets in China and ban organisations and individuals in China from trading or collaborating with them, the ministry said.
The US move “seriously undermines China’s sovereignty and territorial integrity”, ministry spokesperson Mao Ning said in a regular press briefing on Dec 27.
China urges the US to abide by the one-China principle and stop arming Taiwan, the spokesperson said, adding that Beijing will “take all necessary measures” to safeguard its security and interests.
REUTERS
