China Sanctions 2 US Defense Firms for Taiwan Sales
China last week announced sanctions against two U.S. defense companies for supporting U.S. arms sales to Taiwan. The designations, imposed under China's anti-foreign sanctions law (see 2310230032), target General Atomics Aeronautical Systems and General Dynamics Land Systems by freezing their…
assets in China and placing travel bans on their senior managers, according to an unofficial translation of an April 11 notice from China’s Ministry of Foreign Affairs. The two companies didn’t respond to requests for comment.