China punishes dozens of U.S. companies, including 10 for arms sales to Taiwan

Jan. 2 (UPI) — China’s Ministry of Commerce Thursday targeted dozens of American companies for punitive trade actions as U.S.-China tensions increase. The ministry added also 10 U.S. companies to its unreliable entities list, sanctioning them for arms sales to … Read More

China sanctions Lockheed Martin and Northrop Grumman over arms deals with Taiwan

China imposed sanctions on two U.S. defense companies over arms deals with Taiwan. Foreign Ministry spokesman Mao Ning announced on Friday that it sanctioned Northrop Grumman and Lockheed Martin under the Anti-Foreign Sanctions Law of the People’s Republic of China, … Read More