Overview
- China's Ministry of Commerce sanctioned 10 US defense firms, including subsidiaries of Lockheed Martin, Raytheon, and General Dynamics, for selling arms to Taiwan.
- The sanctioned companies are prohibited from import and export activities in China and barred from making new investments in the country.
- Senior executives of the affected companies face travel bans, with their work permits and residency applications revoked by Chinese authorities.
- Beijing also imposed a dual-use export ban on 28 US entities to safeguard national security and enforce non-proliferation commitments.
- The move follows escalating tensions between the US and China, with Taiwan remaining a critical flashpoint in their geopolitical rivalry.