China Sanctions 20 US Defence Companies After Trump Approves Arms Sales To Taiwan3Photo© thehindu.com

China Sanctions 20 US Defence Companies After Trump Approves Arms Sales To Taiwan

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China on Friday imposed sanctions against 20 US defence-related companies and 10 executives after Donald Trump approved a large-scale arms sale to Taiwan.

The Guardian quoted the ministry stating that the measures – against 10 individuals and 20 US firms including Boeing’s production hub at St Louis in Missouri – would freeze any assets the companies and individuals hold in China and bar domestic organisations and individuals from doing business with them.

Earlier this month, Trump’s administration had announced a massive package of arms sales to Taiwan valued at more than USD 10 billion, including medium-range missiles, howitzers, and drones. The potential sale of eight arms packages to Taiwan, including HIMARS rocket systems, anti-tank missiles, and drones, at an estimated total cost of US$11.1 billion, Focus Taiwan news outlet said.