• About us
  • Contact us
  • Our team
  • Terms of Service
Saturday, August 9, 2025
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home WORLD

China sanctions Raytheon, Lockheed over Taiwan deal

AP/ PTI by AP/ PTI
February 21, 2022
in WORLD
A A
0
China denies expanding its N-arsenal, claims credit for P5 statement on preventing nuclear war
FacebookTwitterWhatsapp

Taipei: China said Monday it will impose new sanctions on US defense 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.

Foreign Ministry spokesperson Wang Wenbin announced the move at a daily press briefing, citing a newly passed Anti-Foreign Sanctions Law that took effect in 2021.

Related posts

China denies hidden motives after hosting Iran-Saudi talks

China welcomes PM Modi’s planned visit to attend SCO summit

August 8, 2025
China says it was smeared in Biden State of the Union speech

China says Sino-India border dispute complicated, takes time; Ready to discuss delimitation

June 30, 2025

It was in response to a $100 million deal approved by the US for  maintenance of Taiwan’s missile defense systems by the two companies.

“China once again urges the US government and relevant parties to . . . stop arms sales to Taiwan and sever military ties with Taiwan,” Wang said.

“China will continue to take all necessary measures to firmly safeguard its sovereignty and security interests in accordance with the development of the situation,” he said without giving any details.

Taiwan is a democratically self-governed island that communist-ruled China claims as its own territory.

The two sides split amid civil war in 1949.

The US has no formal relations with Taiwan but is its main ally.

It has increased weapons sales in recent years, angering China with the sales. US law requires the government to ensure Taiwan can defend itself.

Beijing regularly pressures American companies to try to influence US policy.

In October 2020, Beijing also announced sanctions against Raytheon and other defense contractors and “relevant American individuals.”

A day later, the State Department said it had notified Congress of plans for a $2.37 billion sale of Harpoon attack missiles to Taiwan.

It’s unclear what penalties, if any, were imposed. US weapons or military aircraft sales to Taiwan in 2010, 2015 and 2019 drew similar threats of sanctions.

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

Tensions over Taiwan have been mounting as Beijing has stepped up military activity around the island to try to force concessions from the pro-independence administration of President Tsai Ing-wen.

The Communist Party also is using the Chinese mainland’s growing economic weight to pressure other governments to cut diplomatic and unofficial ties with Taiwan.

Raytheon, Boeing, Lockheed Martin and other defense industry giants face controls on sales to China of military and dual-use technologies that have both defense and commercial applications.

But they also have major civilian businesses and China is a huge market for aviation, among other industries.

Previous Post

Jaishankar discusses key regional and global issues with French counterpart

Next Post

Biden accepts ‘in principle’ meeting with Putin if Russia does not invade Ukraine: White House

AP/ PTI

AP/ PTI

Next Post
Biden accepts ‘in principle’ meeting with Putin if Russia does not invade Ukraine: White House

Biden accepts 'in principle' meeting with Putin if Russia does not invade Ukraine: White House

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ePaper

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2024 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2024 Kashmir Images - Designed by GITS.