China Imposes Export Restrictions on 28 US Defense Firms, Including Lockheed Martin

The measures target companies involved in arms sales to Taiwan, barring them from certain goods and activities in China.

China has announced export controls on 28 US defense companies, including Lockheed Martin, Raytheon, and General Dynamics.
The restrictions prohibit the export of dual-use goods that have both civilian and military applications to these firms.
Affected companies are also placed on a 'non-reliable entities' list, barring them from investing in China and restricting travel for their executives.
China stated the measures are in response to US arms sales to Taiwan, which Beijing considers part of its territory.
The announcement coincides with the upcoming inauguration of US President-elect Donald Trump, who is expected to adopt a tougher trade stance against China.