Robert Besser
18 Sep 2023, 20:04 GMT+10
BEIJING, China: U.S. aerospace and defense firms Northrop Grumman and Lockheed Martin have been sanctioned by China for selling weapons to Taiwan, the Chinese foreign ministry said last week.
According to ministry spokesperson Mao Ning, the sanctions are authorized under China's Anti-Foreign Sanctions Law.
"We urge the U.S. side to effectively abide by the one-China principle... cease U.S.-Taiwan military liaison and stop arming Taiwan, or else it will be subject to a resolute and forceful retaliation by the Chinese side," she said.
China has targeted Lockheed Martin Corp's facilities in Missouri for manufacturing arms for Taiwan, and allege that Northrop Grumman has continually sold weapons to Taiwan.
While China has sanctioned other US companies in the past, it is uncertain what impact the sanctions will have on Northrop Grumman and Lockheed Martin, which sells no armaments to China.
In August, the US approved the funding of $80 million to Taiwan under the Foreign Military Financing program.
This past week, a Chinese naval group passed within 60 nautical miles of Taiwan's southeast.
Taiwan also reported dozens of Chinese fighter aircraft flying within its air defense zone this week.
China enacted a number of laws in 2021 to counter the sanctioning of Chinese companies by foreign countries.
Get a daily dose of Arizona Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Arizona Herald.
More InformationSEATTLE, Washington: As part of Washington's efforts to stop Big Tech from monopolizing the most lucrative parts of the internet, ...
JEDDAH, Saudi Arabia: As part of Riyadh's efforts to further Saudi Arabia's electrification drive, electric vehicle (EV) maker Lucid announced ...
NEW YORK, New York - Stock prices were punctured Friday bringing to an end the 'flash in the pan' rally ...
WASHINGTON D.C. Due to internal brake fluid leaks that can cause an electrical short and could lead to engine fires, ...
WASHINGTON D.C. As part of its efforts to remove goods made by Uyghur forced labor from the U.S. supply chain, ...
LONDON, UK: In August, global production of primary aluminum hit an all-time high, with production running at an annualized rate ...
SACRAMENTO, California: Intending to raise some US$160 million per year to help prevent gun violence, California Governor Gavin Newsom signed ...
WASHINGTON D.C. Due to internal brake fluid leaks that can cause an electrical short and could lead to engine fires, ...
(Photo credit: Rick Scuteri-USA TODAY Sports) The Houston Astros are putting heat on the Texas Rangers with the regular season ...
(Photo credit: Brad Penner-USA TODAY Sports) Two heavy rain storms in the New York area will force the Mets to ...
(Photo credit: Charles LeClaire-USA TODAY Sports) Sleep? The Miami Marlins don't need no stinking sleep. They overcame nearly an all-nighter ...
(Photo credit: Steven Bisig-USA TODAY Sports) J.P. Crawford hit a grand slam and Ty France and Josh Rojas added solo ...