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Caixin Global provides the latest China news headlines on politics, economy, business and finance with insight and in-depth analysis.

Leaders in China are unhappy with the companies and Washington's latest approval of arms sales to self-governed Taiwan.

The Chinese Foreign Ministry announces sanctions against the CEOs of Boeing Defense and Raytheon for selling arms to Taiwan.

Caixin Global provides the latest China news headlines on politics, economy, business and finance with insight and in-depth analysis.

Beijing, Sep 16 (EFE).- China announced Friday that it will impose sanctions on top executives of US firms Raytheon Technologies and Boeing Defense for their role in the recent sale of a military aid package worth $1.1 billion to Taiwan. Those sanctioned include Gregory Hayes, CEO and chairman of Raytheon Technologies; and Ted Colbert, president …

BEIJING (AP) — China announced sanctions on Friday against the CEOs of American defense contractors Raytheon and Boeing Defense over a major U.S. arms sale to rival Taiwan. Foreign Ministry spokesperson Mao Ning did not specify what the sanctions would be against Gregory Hayes, chairman and CEO of Raytheon Technologies Corp., and Ted Colbert, president and CEO of Boeing Defense, Space and Security.

China has sanctioned Boeing Defense, Space, and Security CEO Ted Colbert and Raytheon Technologies Corp boss Gregory Hayes.

Welcome to Friday, where Ukraine discovers more than 440 bodies in a mass burial site in the east of the country, new mourners are forbidden to join the line to see the Queen’s coffin as the queue reaches 5 miles, and NASA finds “organic” treasure on Mars. Meanwhile, Philip Volkmann-Schluck in German daily Die Welt looks at the danger posed by a potential pro-Kremlin alliance of Bulgaria and Hungary.

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The U.S. announced a $1.09 billion arms sale to Taiwan last week.