Overview
- Beijing announced asset freezes, bans on dealings by Chinese entities, and visa denials including to Hong Kong and Macau for those targeted.
- Named companies include Boeing’s St. Louis operations, Northrop Grumman Systems, L3Harris Maritime Services, Vantor, Epirus, Dedrone and others on a 20-firm list.
- Ten executives were also targeted, with Anduril founder Palmer Luckey and Vantor CEO Dan Smoot among those facing asset freezes and entry bans.
- China said the move responds to Washington’s roughly $11.1 billion notification for Taiwan covering missiles, howitzers and drones, which would be the largest-ever package if Congress approves it.
- Framing Taiwan as the “first red line,” China warned of firm responses to further U.S. actions, while U.S. law continues to require providing Taiwan the means to defend itself.