Robert Besser
18 Sep 2023, 20:04 GMT+10
BEIJING, China: U.S. aerospace and defense firms Northrop Grumman and Lockheed Martin have been sanctioned by China for selling weapons to Taiwan, the Chinese foreign ministry said last week.
According to ministry spokesperson Mao Ning, the sanctions are authorized under China's Anti-Foreign Sanctions Law.
"We urge the U.S. side to effectively abide by the one-China principle... cease U.S.-Taiwan military liaison and stop arming Taiwan, or else it will be subject to a resolute and forceful retaliation by the Chinese side," she said.
China has targeted Lockheed Martin Corp's facilities in Missouri for manufacturing arms for Taiwan, and allege that Northrop Grumman has continually sold weapons to Taiwan.
While China has sanctioned other US companies in the past, it is uncertain what impact the sanctions will have on Northrop Grumman and Lockheed Martin, which sells no armaments to China.
In August, the US approved the funding of $80 million to Taiwan under the Foreign Military Financing program.
This past week, a Chinese naval group passed within 60 nautical miles of Taiwan's southeast.
Taiwan also reported dozens of Chinese fighter aircraft flying within its air defense zone this week.
China enacted a number of laws in 2021 to counter the sanctioning of Chinese companies by foreign countries.
Get a daily dose of Iran Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Iran Herald.
More InformationLONDON, UK: In August, global production of primary aluminum hit an all-time high, with production running at an annualized rate ...
NEW YORK, New York - Easing pressure on U.S. Treasury yields boost stocks on American markets Thursday. Gains however were ...
DEARBORN, Michigan: Due to concerns about its ability to operate competitively while it is locked in broader union contract negotiations, ...
OTTAWA, Canada: As part of its plan to capitalize on strong travel demand and deploy fuel-efficient airplanes, this week, Air ...
LONDON, UK: This week, Adidas' newest running shoes, the Adizero Adios Pro Evo 1, went on sale for US$500. Worn ...
NEW YORK, New York - U.S. stocks remained on a slippery slope on Wednesday as interest rates continued to hover ...
ISLAMABAD, Pakistan - Caretaker Foreign Minister Jalil Abbas Jilani stated on Saturday that Pakistan's decision to establish relations with Israel ...
Hangzhou [China], September 29 (ANI): Indian football head coach Igor Stimac lauded the men's senior side for their performance at ...
Washington DC [US], September 29 (ANI): External Affairs Minister S Jaishankar and his US counterpart Antony Blinken held discussions on ...
ABU DHABI, 28th September, 2023 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan conducted a phone call ...
FUJAIRAH, 28th September, 2023 (WAM) -- H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, received ...
DUBAI, 28th September, 2023 (WAM) - Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, called upon UAE ...