HomeNewsBusinessChina sanctions 5 US defence companies in response to US sanctions and arms sales to Taiwan

China sanctions 5 US defence companies in response to US sanctions and arms sales to Taiwan

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.

January 07, 2024 / 08:20 IST
Story continues below Advertisement
US-China
The companies are BAE Systems Land and Armament, Alliant Techsystems Operation, AeroVironment, ViaSat and Data Link Solutions.

China announced sanctions Sunday on five American defence-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 organisations and individuals in China from doing business with them, the Foreign Ministry said in a statement posted online. The sanctions will freeze any property the companies have in China and prohibit organisations 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. 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.

Story continues below Advertisement

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. 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. (AP) 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.

Associated Press
first published: Jan 7, 2024 08:20 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!