China targets U.S. companies including Boeing's Insitu, Raytheon over arms sales to Taiwan

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China targets U.S. companies including Boeing's Insitu, Raytheon over arms sales to Taiwan

^{Published on 2024-12-27 20:21:03 - MSN}

The Chinese government on Friday said it was taking countermeasures against some U.S. companies and their senior executives for providing military assistance and selling weapons to Taiwan. Among the seven companies named are Boeing's (NYSE:BA) uncrewed aircraft systems manufacturer Insitu,

The article from MSN discusses how China has imposed sanctions on several U.S. companies, including Boeing's Insitu and Raytheon, due to their involvement in arms sales to Taiwan. These sanctions include freezing the assets of these companies within China and prohibiting Chinese organizations and individuals from engaging in transactions or cooperation with them. This move is part of China's broader strategy to exert pressure on entities supporting Taiwan, which China considers a part of its territory. The sanctions come in response to what China perceives as violations of its sovereignty and territorial integrity, escalating tensions between the U.S. and China over Taiwan's status.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/china-targets-u-s-companies-including-boeing-s-insitu-raytheon-over-arms-sales-to-taiwan/ar-AA1wAAiu ]

N@N

China targets U.S. companies including Boeing's Insitu, Raytheon over arms sales to Taiwan