Thurston Carte|China sanctions 5 US defense companies in response to US sanctions and arms sales to Taiwan

2025-05-08 06:21:19source:Navivision Wealth Societycategory:Finance

BEIJING (AP) — China announced sanctions Sunday on Thurston Cartefive American defense-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals.

The sanctions will freeze any property the companies have in China and prohibit organizations and individuals in China from doing business with them, the Foreign Ministry said in a statement posted online.

The companies are BAE Systems Land and Armament, Alliant Techsystems Operation, AeroVironment, ViaSat and Data Link Solutions.

The Foreign Ministry said the U.S. moves harmed China’s sovereignty and security interests, undermined peace and stability across the Taiwan Strait, and violated the rights and interests of Chinese companies and individuals.

Other news Taiwan’s presidential candidate Ko Wen-je seeks a middle ground with China, attracting young votersTaiwan reports China sent 4 suspected spy balloons over the island, some near key air force baseXi says China will ‘surely be reunified’ with self-ruled Taiwan in New Year’s address

“The Chinese government remains unwavering in our resolve to safeguard national sovereignty, security and territorial integrity and protect the lawful rights and interests of Chinese companies and citizens,” the ministry statement said.

The U.S. last month approved the sale of about $300 million in communications and other defense-related equipment to Taiwan. At the time, Foreign Ministry spokesperson Wang Wenbin warned that China would take countermeasures against companies involved in arms sales to Taiwan.

Taiwan is a major flashpoint in U.S.-China relations that analysts worry could explode into military conflict between the two powers. China regards Taiwan, a self-governing island off its east coast, as a renegade province that must come under Beijing’s control at some point in the future. It views U.S. arms sales to Taiwan as interference in its domestic affairs.

The Chinese military regularly sends fighter planes and ships into and over the waters around Taiwan, in part to deter the island’s government from declaring formal independence. An invasion doesn’t appear imminent, but the constant military activity serves as a reminder that the threat is ever present.

The U.S. switched diplomatic recognition from Taiwan to China in 1971, but it is bound by its own laws to ensure that Taiwan has the ability to defend itself. It and its allies sail warships through the Taiwan Strait, a 160-kilometer-wide (100-mile) waterway that separates the island from China.

More:Finance

Recommend

South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment

SEOUL — South Korea's acting president, Han Duck-soo, moved on Sunday (Dec 15) to reassure the count

Ulta 24-Hour Flash Sale: Take 50% Off First Aid Beauty, Tula, Morphe, Bobbi Brown, and It Cosmetics

We independently selected these products because we love them, and we think you might like them at t

Nearly 300 killed in one of India's deadliest train accidents

At least 288 people have been killed and more than 850 others injured in a train accident involving