China sanctions military firms and executives over US arms sales to Taiwan (updated)

Hudson Technologies

27/12/2024 08:54

(Adds details, background, ministry spokesperson comments from
paragraph 3)
       BEIJING, Dec 27 (Reuters) - China has sanctioned seven
military industrial companies and related senior executives over
U.S. arms assistance and sales to Taiwan, the Chinese foreign
ministry said on Friday.
    Boeing subsidiary Insitu Inc., RTX Inc.'s Raytheon Canada
and Raytheon Australia, as well as Hudson Technologies Co. are
among the companies listed by the ministry in a statement.
    The U.S. recently approved $571.3 million in defence support
for Taiwan, after giving the go-ahead to arms sales worth an
estimated $385 million.
    China claims democratically governed Taiwan as its own
territory and has never renounced the use of force to bring the
island under its control. Taiwan strongly objects to China's
sovereignty claims and says only the island's people can decide
their future. 
    The U.S. is bound by law to provide Taiwan with the means to
defend itself, despite the lack of formal diplomatic ties
between Washington and Taipei.
    The sanctions will freeze the companies and executives'
assets in China and ban organizations and individuals in China
from trading or collaborating with them, the ministry said. 
    The U.S. move "seriously undermines China's sovereignty and
territorial integrity," a ministry spokesperson said in a
regular press briefing on Friday.
    China urges the U.S. to abide by the one-China principle and
stop arming Taiwan, the spokesperson Mao Ning said, adding that
Beijing will "take all necessary measures" to safeguard its
security and interests. 

 (Reporting by Beijing Newsroom; Editing by Himani Sarkar and
Alexander Smith)
 ((yukun.zhang@thomsonreuters.com;))