China sanctioned 12 US military companies.
According to Reuters news agency, China announced on Wednesday that it has taken measures against 12 companies in the United States that are related to the country’s military industrial complex.
According to this media, Beijing’s actions have also targeted their senior managers in response to US sanctions against Chinese companies and the arming of the island of Taiwan.
According to this news agency, the Ministry of Foreign Affairs of China announced in this regard that these American companies include subsidiaries of “Lockheed Martin” (LMT.N), “Raytheon” and “General Dynamics” (GD.N).
These measures, which include freezing their assets in China and banning their top executives from entering the country, have been implemented since Wednesday.
In this regard, Beijing said that the United States “ignored the country’s objective and impartial position in the Ukraine crisis” and instead “engaged in unilateral bullying and economic threats.”
The ministry added that the US has continued to sell weapons to Taiwan; An issue that “seriously violates” the principle of one China and the joint statements of the two countries, and “severely undermines” the sovereignty and territorial integrity of Beijing.