Finance

China Hits US Defence Firms with Sanctions Over Arms Sales to Taiwan

MR
Maya Rodriguez
Financial Analyst
China hits US defence firms with sanctions over arms sales to Taiwan
Image source: Investing.com

China has imposed sanctions on several US defence firms and individuals over their involvement in arms sales to Taiwan. The move is seen as a response to the US's continued support for Taiwan's independence.

China's foreign ministry announced the sanctions on Friday, stating that the US firms and individuals had 'seriously harmed China's sovereignty and security interests'. The sanctions include restrictions on business dealings and travel.

The US has long been a strong supporter of Taiwan, and has provided the island with significant military aid. China, on the other hand, sees Taiwan as a renegade province that must eventually be reunified with the mainland.

The sanctions are the latest escalation in the tensions between China and the US over Taiwan. The move is likely to further strain relations between the two countries.

Sources

[1] China hits US defence firms with sanctions over arms sales to Taiwan