Loading...
Loading...
Browse all stories on DeepNewz
VisitChanges in US corporate investment in China following sanctions on defense companies
Increase investment • 25%
Decrease investment • 25%
Withdraw completely • 25%
No change in investment • 25%
Business news reports, corporate statements
China Blacklists General Atomics, Boeing Over Taiwan Arms Sales
May 20, 2024, 02:10 AM
China's Ministry of Commerce (MOFCOM) has blacklisted several U.S. defense contractors, including General Atomics Aeronautical Systems, General Dynamics Land Systems, and Boeing Defense, Space & Security, from trading and investing in China over arms sales to Taiwan. The sanctions, which coincide with the inauguration of Taiwan's new president, are largely symbolic and reflect China's dissatisfaction with U.S. arms sales to the region. The move was announced by state media and underscores ongoing tensions between China and the United States. The companies have been added to China's unreliable entities list.
View original story
Deterioration of trade relations • 33%
Improvement of trade relations • 33%
No significant change in trade relations • 34%
Market downturn for all affected companies • 33%
Mixed response, some companies affected more than others • 34%
Minimal market impact • 33%
Highly effective • 33%
Moderately effective • 33%
Ineffective • 33%
Significant impact • 33%
Moderate impact • 34%
Minimal impact • 33%
Yes • 50%
No • 50%
Increase transparency and compliance efforts • 33%
Reconsider or reduce U.S. investments • 33%
No significant change in strategy • 34%
Increase sanctions on China • 33%
Direct diplomatic negotiations • 33%
No significant action • 34%
Retaliatory economic measures • 25%
Formal diplomatic protest • 25%
Negotiations for resolution • 25%
No significant response • 25%
General Atomics Aeronautical Systems • 33%
General Dynamics Land Systems • 33%
Boeing Defense, Space & Security • 33%
USA imposes sanctions • 20%
EU imposes sanctions • 20%
Both USA and EU impose sanctions • 20%
Other major economies impose sanctions • 20%
No sanctions imposed • 20%
Significant withdrawal • 33%
Moderate withdrawal • 33%
No significant change • 33%
No • 50%
Yes • 50%
Criticism of China • 25%
Support from other countries • 25%
Neutral responses • 25%
No significant international reaction • 25%