China Withdraws Sanctions on US Company ViaSat in Rare Reversal

Jul 22, 2024, 09:26 AM

China has decided to withdraw the sanctions on the US defense company ViaSat, according to Chinese Foreign Ministry spokesperson Mao Ning. The decision, announced on Monday, is in accordance with China's Anti-Foreign Sanctions Law and other relevant laws. This move marks a rare reversal after China had targeted the company over proposed arms sales to Taiwan. The sanctions removal is due to changes in the circumstances that underpin the countermeasures.