Overview
- China’s foreign ministry announced immediate penalties under its anti-foreign sanctions law, imposing investment bans, cooperation restrictions and asset freezes on the listed companies and individuals.
- Boeing, Northrop Grumman Systems, L3Harris and VSE are among the sanctioned firms, and named executives include Palmer Luckey of Anduril, with some reports noting travel bans for individuals.
- Beijing reiterated that Taiwan is a core interest and a red line in China–U.S. relations and warned of firm countermeasures, with the PLA pledging intensified training.
- The U.S. notified Congress on December 18 of roughly US$11.1 billion in prospective sales that include HIMARS launchers and ATACMS missiles, but execution still requires additional U.S. administrative actions and Taiwan’s budget approval.
- China instructed Chinese entities and individuals not to conduct business with the sanctioned parties and stated that any assets within its jurisdiction would be frozen.