China has placed Lockheed Martin Corp and Raytheon Technologies Corp under sanctions over arms sales to Taiwan, the government said on Monday, at least the third time it has announced punishments against the U.S. companies. The sanctions are countermeasures against the two companies over a $100-million Feb. 7 arms sale that “undermined China’s security interests, […]
In the US, the administration led by President Donald Trump notified Taiwan on Monday about a plan to sell Harpoon missile systems for $ 2.37 billion. Hours earlier, China announced sanctions on US defence companies, including Boeing. Boeing is the main contractor company in the Harpoon deal. “The United States has an interest in maintaining […]
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