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July 4, 2022
The Chinese government has placed new sanctions over US government contractors Lockheed Martin Corp and Raytheon Technologies Corp over their sale of arms to Taiwan.
The new sanctions from Beijing come after a February 7 deal that sold $100 million in arms to Taiwan. A spokesman for the Chinese government said the deal “undermined China’s security interests, seriously undermined China-U.S. relations and peace and stability in the Taiwan Strait.”
This is at least the third time China has placed sanctions on Lockheed and Raytheon over arms sales to Taiwan from US-based companies, but it is the first time since the announcement of a new Chinese anti-foreign sanctions law that went into effect last year.
The new law places heavy sanctions on businesses that operate in both the US and China if they comply with US sanctions on Chinese companies.
The details of the new sanctions from China have not been made public. The United States government does not sell weapons to China, but is obligated by the 1979 Taiwan Relations Act to supply Taiwan with the means to defend itself.
ARTICLE: LAURA SPIVAK
MANAGING EDITOR: CARSON CHOATE
PHOTO CREDITS: HOUSTON CHRONICLE