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Snapshot 1:Wed, Sep 18, 2024 5:23:47 PM GMT last edited by Vandita

China Sanctions 6 US Military Firms Over Taiwan Arms Sales

Above: China's foreign ministry spokesman Lin Jian during a press conference on March 18, 2024, in Beijing, China. Image copyright: VCG/Contributor/Visual China Group via Getty Images

The Facts

  • On Wednesday, China's foreign ministry announced sanctions on nine US military-linked companies over arms sales to Taiwan. Beijing considers the self-ruled island its breakaway province.

  • The affected military contractors for the Pentagon are Sierra Nevada Corporation, Stick Rudder Enterprises LLC, Cubic Corporation, S3 AeroDefense, TCOM, TextOre, Planate Management Group, ACT1 Federal, and Exovera.

  • The ministry said that their properties in China, both movable and immovable, would be seized with immediate effect. Additionally, Chinese people and entities have been prohibited from transacting with the firms.

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