Beijing sanctions 2 US defence firms in latest move over arms sales to Taiwan, violation of 'one-China principle'
Assets held in mainland China by General Atomics Aeronautical Systems and General Dynamics Land Systems will be frozen, Beijing says.
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Assets held in mainland China by General Atomics Aeronautical Systems and General Dynamics Land Systems will be frozen, Beijing says.
Beijing insists that the Taiwan question is a "red line" in China-U.S. relations and has lodged a formal diplomatic complaint with the U.S.
China said US arms sales were in “blatant violation of the one-China principle” ahead of Taiwan’s crucial elections on Saturday.
In a major move by Beijing which appears timed to send a strong message just ahead of Taiwan's presidential and parliamentary elections on January 13, China has unveiled sanctions against five American defense firms.
Such sanctions are often mostly symbolic as American defense contractors generally don't sell to China.