China Hits Boeing Defense, Two Others With Symbolic Sanctions

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China sanctioned three US defense contractors in a mostly symbolic move that signals its unhappiness with US arms sales to Taiwan the same day the island installs a new leader.

Boeing Defense, Space & Security, General Atomics Aeronautical Systems Inc. and General Dynamics Land Systems Inc. were added to an “unreliable entity” list for providing weapons to Taiwan, according to statements on Monday from the Commerce Ministry in Beijing.