China placed three defense companies in the US on its list of \u201cunreliable companies\u201d for selling weapons to Taiwan, China\u2019s Ministry of Commerce announced on Monday. The three companies added to China\u2019s list of \u201cunreliable companies\u201d are Boeing Defense, Space & Security, General Atomics Aeronautical Systems and General Dynamics Land Systems. The sanctions are intended to penalise the US for supplying weapons to Taiwan, which Beijing considers part of its territory. The sanctioned companies will be prohibited from making further investments in China, and their managers will be banned from travelling.<\/p>\n
When the sanctions were announced, Lai Ching-te of Taiwan\u2019s ruling Democratic Progressive Party (DPP) was being sworn in as the self-governing island\u2019s new President. The latest action adds to a series of sanctions Beijing has imposed on US defence companies for selling weapons to Taiwan. In September last year, China had already sanctioned the US firms Lockheed Martin and Northrop Grumman due to such arms sales. Five more companies followed in January. Relations between Washington and Beijing have been very tense for some time, as the US also repeatedly places Chinese companies on its sanctions list.<\/p>\n
The Biden administration cites escalating pressure from China on Taiwan \u2013 including increased military activity both in the air and at sea \u2013 as justification for delivering arms to the island. China considers the democratically governed island to be part of the People\u2019s Republic and has threatened to invade on several occasions. However, Taiwan maintains a strong sense of independence, and Lai has not signalled any intention to deviate from this stance.<\/p>\n","protected":false},"excerpt":{"rendered":"
China placed three defense companies in the US on its list of \u201cunreliable companies\u201d for selling weapons to Taiwan, China\u2019s\u2026<\/p>\n","protected":false},"author":28,"featured_media":44808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[186],"tags":[7176,2045,1444,14209,158,14208,12864,12865,14092,681,165,14210,3530,2755,95],"class_list":["post-44807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-2024-taiwan-presidential-elections","tag-arms-sales","tag-biden-administration","tag-boeing-defense-space-security","tag-china","tag-defense-companies","tag-general-atomics-aeronautical-systems","tag-general-dynamics-land-systems","tag-new-taiwanese-president-lai-ching-te","tag-sanctions","tag-taiwan","tag-threats-of-invasion","tag-us-2024-presidential-elections","tag-us-china-rivalry","tag-usa"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/44807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=44807"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/44807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/44808"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=44807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=44807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=44807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}