China to sanction Boeing, Raytheon, Lockheed over Taiwan arms

The action follows the State Department's approval last week of $1.8 billion in new weapons for Taiwan and submission of the package to Congress for a final review

China
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The new arms sale, and an earlier one involving Lockheed F-16 fighters, have taken place amid rising tension between the superpowers ahead of the US election next week

Bloomberg
China will impose unspecified sanctions on Boeing’s defense unit, Lockheed Martin and Raytheon Technologies after the US State Department approved $1.8 billion in arms sales to Taiwan last week.
 
The sanctions will be imposed “in order to uphold national interests,” Chinese Foreign Ministry spokesman Zhao Lijian told reporters Monday in Beijing. Boeing Defense would be among those sanctioned, he said.
 
The action follows the State Department’s approval last week of $1.8 billion in new weapons for Taiwan and submission of the package to Congress for a final review. The new arms sale, and an earlier one involving Lockheed F-16 fighters,

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First Published: Oct 27 2020 | 12:38 AM IST

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