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China is imposing sanctions on two U.S. defense contractors over a pending $100 million arms sale to Taiwan announced earlier this month.
Chinese foreign ministry spokesperson Wang Wenbin told reporters on Monday that Beijing will sanction Raytheon Technologies and Lockheed Martin, saying the companies are “military industrial enterprises that have long participated in the U.S.’ arms sales to China’s Taiwan region.”
“China once again urges the US government and relevant sides to abide by the one-China principle and the stipulations of the three China-US joint communiqués, and stop arms sales to and military ties with Taiwan,” Wenbin said.
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