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VisitWhat will be the impact of China's decision on ViaSat's revenue by the end of Q4 2024?
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Financial reports from ViaSat
China Removes Sanctions on ViaSat in Rare Reversal
Jul 22, 2024, 09:26 AM
China announced the removal of sanctions on the US communications company ViaSat on Monday. The decision, communicated by Chinese Foreign Ministry spokesperson Mao Ning, is in accordance with China's Anti-Foreign Sanctions Law and other relevant laws. This move marks a rare reversal after China had previously targeted ViaSat over proposed arms sales to Taiwan. The Chinese Foreign Ministry cited changes in the circumstances underpinning the countermeasures as the reason for the decision.
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