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China sanctions 9 US firms, freezes property over sale of weapons to Taiwan

FP Staff September 18, 2024, 13:33:38 IST

China’s Foreign Ministry said that organisations and individuals within China have been prohibited from engaging in transactions with the nine US firms which have been sanctioned for sale of weapons to Taiwan

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US and Chinese flags are seen through broken glass in this illustration. Source: REUTERS.
US and Chinese flags are seen through broken glass in this illustration. Source: REUTERS.

China’s foreign ministry on Wednesday announced sanctions against nine US military-linked firms over selling weapons to Taiwan.

The sanctions were imposed hours after the US Defence Security Cooperation Agency (DSCA) said that the State Department has approved a potential Foreign Military Sale to the Taipei Economic and Cultural Representative officer (TECRO) valued at $228 million.

Which 9 US companies China has sanctioned

The US firms against whom the countermeasures have been taken are:

1 - Sierra Nevada Corporation

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2 - Stick Rudder Enterprises LLC

3 - Cubic Corporation

4 - S3 AeroDefense

5 - TCOM

6 - TextOre

7 - Planate Management Group

8 - ACT1 Federal

9 - Exovera

The property of these US firms within China have also been feezed, a report by Reuters quoted a ministry statement as saying.

The statement by the ministry further stressed that organisations and individuals within China are prohibited from engaging in transactions with these firms.

With inputs from agencies.

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