China’s Ministry of Commerce has announced sanctions against Boeing and two other defense companies for their arms sales to Taiwan. The companies include Boeing’s Defense, Space & Security unit, General Atomics Aeronautical Systems, and General Dynamics Land Systems. Monday is the day of Taiwan's presidential inauguration.
BEIJING — China ’s Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday for arms sales to Taiwan , on the day ofThe move is the latest in a series of sanctions Beijing has announced in recent years against defense companies for weapons sales to Taiwan , a self-ruled island that China considers as part of its own territory.
Lai Ching-te, Taiwan’s new president, has vowed to strengthen Taiwan’s security through imports of advanced fighters and other technology and strengthening its domestic defense industry. Corporate filings show General Dynamics operates a half-dozen Gulfstream and jet aviation services operations in China, which remains heavily reliant on foreign aerospace technology even as it attempts to build its own presence in the field.Yemen’s Houthi rebels launch a missile that strikes an oil tanker in the Red Sea, US military saysThe company also helps make the Abrams tank, which is being purchased by Taiwan to replace outdated armor intended to deter or resist an invasion from China.
In 2022, China announced sanctions against Ted Colbert, the president and CEO of Boeing Defense, Space and Security. after the company won a $355 million contract to supply Harpoon missiles to Taiwan.
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