China imposes sanctions on 12 US arms companies

China has imposed sanctions against 12 American companies specializing in the production and sale of weapons. The relevant information was published on the official website of the Chinese Ministry of Commerce.

In addition to the companies, restrictive measures were imposed on their executives.

The list of companies subject to Beijing's sanctions:

• Lockheed Martin Missiles and Fire Control;

• Lockheed Martin Aeronautics;

• Javelin Joint Venture;

• Raytheon Missile Systems;

• General Dynamics Ordnance and Tactical Systems;

• General Dynamics Information Technology;

• General Dynamics Mission Systems;

• Intercoastal Electronics;

• Systems Research and Simulation;

• Iron Mountain Solutions;

• Applied Technology Group;

• Arciont.

From now on, all these companies are prohibited from engaging in import and export activities related to China, as well as from making new investments in China. And the heads of these companies are now banned from entering the country.

China explained its decision by saying that the United States has long “ignored Beijing's unbiased position on the Ukrainian crisis” and imposed “illegal” unilateral sanctions. At the same time, China accused the United States of “intimidation and economic coercion.”

In addition, the Chinese authorities are dissatisfied with America's arms sales to Taiwan. China claims that this “undermines the sovereignty and territorial integrity” of the country.

Author - Serhii Kolomiets, 23/05/2024