China Hits 12 US Military Companies With Symbolic Sanctions
- Response aimed at US sanctions on Chinese firms over Russia
- Moves symbolic as the defense contractors don’t sell to China
Taiwan Air Force Lockheed C-130 Hercules aircraft in Pingtung, Taiwan.
Photographer: Annabelle Chih/Getty Images
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China sanctioned 12 American military companies and ten defense executives in retaliation against US arms sales to Taiwan and measures against Chinese firms accused of supplying Russia in the Ukraine war.
The sanctioned companies include subsidiaries of Lockheed Martin Corp., General Dynamics, as well as IronMountain Solutions and Applied Technologies Group, the Chinese Foreign Ministry said in a statement on its website on Wednesday afternoon. Their assets will be frozen in the country, the ministry said.