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China sanctions Lockheed, Raytheon over Taiwan arms sales
China has placed Lockheed Martin Corp and Raytheon Technologies Corp under sanctions over arms sales to Taiwan, the government said on Monday, at least the third time it has announced punishments against the U.S. companies. The sanctions are countermeasures against the two companies over a $100-million Feb. 7 arms sale that “undermined China’s security interests, seriously undermined China-U.S. relations and peace and stability in the Taiwan Strait”, foreign ministry spokesman Wenbin said at a regular news briefing. Beijing views the self-ruled island of Taiwan as a breakaway province that must accept Chinese sovereignty and has never renounced the use of
USA Announces $ 2.37 Billion Sale of Arms to Taiwan
In the US, the administration led by President Donald Trump notified Taiwan on Monday about a plan to sell Harpoon missile systems for $ 2.37 billion. Hours earlier, China announced sanctions on US defence companies, including Boeing. Boeing is the main contractor company in the Harpoon deal. “The United States has an interest in maintaining peace and stability in the Taiwan Straits, and the United States considers Taiwan’s security vital to the security and stability of the border Indo-Pacific region,” the Foreign Ministry said. He said that this sale would not change the military balance in the area. The harpoon
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