China Sanctions US Defense Firms for Taiwan Arms Sales
China on Dec. 26 sanctioned 20 U.S. defense firms and 10 executives in response to the State Department's approval of a host of arms sales to Taiwan earlier this month (see 2512180008). The designations target several major defense contractors, their…
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subsidiaries and their senior employees, including Northrop Grumman Systems, L3 Harris Marine Services, Boeing, Sierra Technical Services, Red Cat Holdings and others. The sanctions block their assets in China and prohibit them from carrying out transactions with people or companies in China.