May 22, 09:03 AM

China Sanctions U.S. Defense Firms Including Lockheed Martin and Raytheon Over Taiwan Arms Sales

China has imposed sanctions on several U.S. defense companies, including Boeing, General Atomics Aeronautical Systems, General Dynamics Land Systems, Lockheed Martin, and Raytheon, for their arms sales to Taiwan. The Chinese Ministry of Commerce announced the inclusion of these companies on its unreliable entities list, prohibiting them from import and export activities related to China and from making new investments in the country. The sanctions coincide with Taiwan's presidential inauguration and are part of broader retaliatory measures against U.S. military-linked firms and senior executives, including Lockheed Martin and Raytheon, in response to U.S. sanctions on Chinese entities and arms sales to Taiwan.