China sanctions Lockheed, Raytheon over U.S. arms sale to Taiwan

The Chinese government has imposed sanctions on Lockheed Martin and Raytheon Technologies, in response to the US arms sale to Taiwan.

Chinese Foreign Ministry spokesman Wang Wenbin announced this at a briefing on Monday.

“In order to protect the sovereignty and security interests of the PRC, and in accordance with the provisions of the ‘Foreign Sanctions Prevention Act’, the Chinese government has decided to take countermeasures in response to the actions of the American military industrial companies Lockheed Martin and Raytheon Technologies, which have long been involved in supply of American weapons to Taiwan,” the diplomat said.

“The Chinese government urges the United States to stop selling arms to Taiwan; Beijing will continue to take all necessary measures to protect its sovereignty and security interests”, Wang Wenbin said.

“China reiterates its call on the US government and relevant parties to abide by the One China principle and the provisions of the US-China Three Joint Communiqués, stop arms sales to Taipei and any contact between the US and Taiwan military,” the diplomat said.

“China will continue to take all necessary measures and resolutely defend its sovereignty and security interests in accordance with the development of the situation.”

Earlier, the US administration authorized a $100 million deal with Taiwan for maintenance of US-made Patriot anti-aircraft missile systems.

Taiwan has been governed independently from mainland China since 1949.

Beijing views the island as its province.

But Taiwan — a territory with its own democratically elected government — maintains that it is an autonomous country with political and economic relations with several other nations.