BAE Systems subsidiary included in China's company ban following Taiwan deal
A company owned by FTSE 100-listed firm BAE Systems has been named as one of five US-related defence companies being put under sanctions.
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A company owned by FTSE 100-listed firm BAE Systems has been named as one of five US-related defence companies being put under sanctions.
Beijing pledges to retaliate "powerfully" and "painfully" after slapping U.S. defense firms with sanctions following American arms sales to Taiwan.
China has decided to sanction five US defense industry companies, a foreign ministry spokesperson said on Sunday.
BEIJING (Reuters) -China will sanction five U.S. military manufacturers in response to the latest round of U.S. arms sales to Taiwan, a foreign ministry spokesperson said on Sunday. U.S. arms sales to Taiwan are a frequent source of tension between Washington and Beijing. China views democratically governed Taiwan as its territory, a claim Taiwan's government rejects.
China announced sanctions on Sunday against five US defence firms in response to their involvement in arms sales to self-ruled Taiwan, which...