Summary

China has imposed an export ban on dual-use products to 28 U.S. defense contractors, including Lockheed Martin, Raytheon, Boeing, and General Dynamics, in retaliation for U.S. arms sales to Taiwan.

Ten firms were barred from trade and investments in China.

Beijing condemned the arms sales, citing violations of the One China principle and threats to Taiwan Strait stability.

The ban follows Taiwan’s recent receipt of advanced U.S. military equipment, including Abrams tanks, as the island bolsters its defenses against China’s military activities.

  • Flying SquidM
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    104 days ago

    I do love it when people tell me a nation with a massive stock exchange and over 800 billionaires isn’t capitalist.