Official announcements from the Chinese foreign ministry or relevant government bodies

China Imposes Sanctions on 9 US Firms Over Taiwan Arms Sales, Freezing Assets and Banning Transactions

Sep 18, 2024, 10:22 AM

China has announced countermeasures against nine U.S. military-linked firms in response to U.S. weapons sales to Taiwan. The measures, which take effect starting Wednesday, include freezing the companies' assets within China and banning transactions and cooperation with Chinese organizations and individuals. The Chinese foreign ministry confirmed the sanctions, stating that these actions are intended to pressure the United States to halt its arms sales to Taiwan. The affected companies include Sierra Nevada Corporation and Stick Rudder Enterprises. This move underscores the ongoing tensions between China and the United States over Taiwan, which China considers a core interest and a red line in its relations with the U.S.