China punishes 2 "big guys" in the US arms manufacturing industry

 China's Ministry of Commerce announced it would sanction two US defense contractors for selling weapons to Taiwan.

In a notice issued on February 16, China's Ministry of Commerce said it had put two US defense industry giants, Raytheon Technologies and Lockheed Martin, on the list of "unworthy organizations". trust".

Being placed on the list would make it impossible for Lockheed Martin and its defense and missile company Raytheon (a subsidiary of Raytheon Technologies) "to engage in import and export transactions involving China".

The reason for the above decision is that Lockheed Martin and Raytheon have approved arms sales to Taiwan. According to China's Foreign Ministry, the arms sale to Taiwan "undermines China's national security interests, and affects China-US relations as well as peace and stability in the strait." Taiwan".

Tensions between the US and China over the Taiwan issue are said to have flared up in early August 2022 after the official visit to the island by former House Speaker Nancy Pelosi and a delegation of US congressmen. This visit was the beginning of a series of subsequent trips by high-ranking Western officials to Taiwan.

In response, Beijing accused the trips of violating its "One China" policy. The Chinese military has also continuously conducted many live-fire drills with the participation of warplanes and warships in the areas around the island of Taiwan.

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