China slaps sanctions on US firms over Taiwan arms sales

BEIJING: China sanctioned 10 US defence firms on Thursday over arms sales to Taiwan, its second round of measures against American companies over the issue in less than a week.

Subsidiaries of Lockheed Martin, General Dynamics, and Raytheon that had “participated in selling arms to Taiwan” were added to China´s “Unreliable Entities List”, the country´s Ministry of Commerce announced on Thursday.

They will be prohibited from import and export activities or making new investments in China, while their senior managers will be banned from entering the country, the ministry said.