• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, July 2, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

China Issues Sanctions Against 12 U.S. Defense-Related Companies

May 22, 2024
Comfort Ampomaaby Comfort Ampomaa
in USA
0
China Issues Sanctions Against 12 U.S. Defense-Related Companies

File photo.

China has sanctioned 12 U.S. defense-related companies and 10 executives.

According to China’s Ministry of Foreign Affairs, the measures came after the U.S. “indiscriminately imposed illegal unilateral sanctions on a number of Chinese entities on the grounds of so-called Russian-related factors.

The ministry also listed U.S arms sales to Taiwan as a reason for the sanctions.

RelatedPosts

Trump Hints Israeli Agreement To 60-day Truce

US Senate Narrowly Passes Trump’s ‘Big, Beautiful Bill’

US Sanctions Against Syria Formally Revoked

The ministry said that the U.S. sale of arms to Taiwan “seriously violates” the one-China principle and joint communiqués between both countries, and “seriously undermines” China’s sovereignty and territorial integrity.

It stated that the U.S. has “ignored its objective and impartial position in the Ukrainian crisis” and has instead “engaged in unilateral bullying and economic coercion.”

The latest round of sanctions, imposed under China’s Anti-Foreign Sanction Law, will freeze all assets by the businesses inside China and denying the individuals and their immediate family members visas to enter the country, including Hong Kong and Macau.

The businesses and individuals will also be banned from doing any business with Chinese firms.

The measures adds to those announced last year that barred Lockheed Martin Corp. and Raytheon Technologies Corp.’s Raytheon Missiles and Defense from importing goods into China or making new investments in the country.

The just sanctioned entities include units of Lockheed Martin, Raytheon, General Dynamics and other companies. Senior executives of Northrop Grumman Corporation and General Dynamics also were targeted.

Earlier this week, China announced sanctions on Boeing Defense, Space and Security and two other U.S. defense companies over arms sales to Taiwan, and against Mike Gallagher, a former Republican representative from Wisconsin who has shown support for the island.

China claims the self-governed island as its own territory, to be annexed by force if necessary. It has long opposed any weapon sales by the U.S. to the island. While the U.S. does not recognize Taiwan as a country, Washington is obligated by a federal law to ensure the island’s government has the means to defend itself.

Sanctions Wield Considerable Symbolic Weight

These sanctions are often mainly symbolic in nature. As such, it isn’t immediately clear what impact these actions would have.

While the immediate practical impact of these sanctions might be limited, given the minimal direct business exposure these US defense companies have in China, their symbolic weight is considerable.

These actions serve as a clear signal of China’s readiness to leverage its economic and political tools in response to perceived threats to its sovereignty and national security.

The sanctions also add complexity to the already strained US-China relations, contributing to a cycle of retaliation that could have broader implications for global stability.

For instance, the defense companies targeted by these sanctions are integral to the US’s defense infrastructure, and any disruptions, even symbolic ones, could have ripple effects.

The sanctions are part of a broader pattern of tit-for-tat measures that have characterized US-China relations in recent years. These sanctions highlight the deepening strategic rivalry between the two nations.

Taiwan remains a particularly sensitive issue, with both sides showing little willingness to compromise.

For Taiwan, US support is crucial for maintaining its defense posture against potential Chinese aggression.

Conversely, for China, preventing any form of international recognition or military support for Taiwan is a core aspect of its national policy.

This dynamic ensures that Taiwan will remain a flashpoint in US-China relations for the foreseeable future.

READ ALSO: SSNIT’s Hotels Sale: Ablakwa Decries Payment of GHS7.1m to Transaction Advisor

Tags: ChinaChina’s Anti-Foreign Sanction Lawone-China principleSanctionsTaiwan
Please login to join discussion
Previous Post

Kenya’s Ruto At White House Amid Pending Haiti Mission

Next Post

Empowerment Forum for Women-Led SMEs in Maritime and Trade

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Solomon Owusu, NPP, Bawumia
General News

MfC Dismisses NPP’s Flagbearer Hopes for 2028

July 2, 2025
Musician Decries Underappreciation of English Rappers in Ghana
Entertainment

Lyrical Joe Blasts Cult-Like Fan Culture in Ghana

July 2, 2025
Social Media Playing A Considerable Role In Spreading Riots- Macron
Europe

Macron, Putin Hold First Direct Call In Over Two Years

July 2, 2025
Borrowers’ Forum Launched To Tackle Debt Crisis
Around the Globe

Borrowers’ Forum Launched To Tackle Debt Crisis

July 2, 2025
Ablekuma North; EC to rerun election
General News

EC To Rerun 19 Disputed Polls In Ablekuma North 

July 2, 2025
Mahama Unveils Ambitious Plan to Irrigate 2 Million Hectares Under 24-Hour Economy
Agribusiness

Mahama Unveils Ambitious Plan to Irrigate 2 Million Hectares Under 24-Hour Economy

July 2, 2025
Solomon Owusu, NPP, Bawumia
General News

MfC Dismisses NPP’s Flagbearer Hopes for 2028

by Silas Kafui AssemJuly 2, 2025
Musician Decries Underappreciation of English Rappers in Ghana
Entertainment

Lyrical Joe Blasts Cult-Like Fan Culture in Ghana

by Esther Korantemaa OffeiJuly 2, 2025
Social Media Playing A Considerable Role In Spreading Riots- Macron
Europe

Macron, Putin Hold First Direct Call In Over Two Years

by Comfort AmpomaaJuly 2, 2025
Borrowers’ Forum Launched To Tackle Debt Crisis
Around the Globe

Borrowers’ Forum Launched To Tackle Debt Crisis

by Lawrence AnkutseJuly 2, 2025
Ablekuma North; EC to rerun election
General News

EC To Rerun 19 Disputed Polls In Ablekuma North 

by Lilian AhedorJuly 2, 2025
Mahama Unveils Ambitious Plan to Irrigate 2 Million Hectares Under 24-Hour Economy
Agribusiness

Mahama Unveils Ambitious Plan to Irrigate 2 Million Hectares Under 24-Hour Economy

by Stephen M.CJuly 2, 2025
Solomon Owusu, NPP, Bawumia
Musician Decries Underappreciation of English Rappers in Ghana
Social Media Playing A Considerable Role In Spreading Riots- Macron
Borrowers’ Forum Launched To Tackle Debt Crisis
Ablekuma North; EC to rerun election
Mahama Unveils Ambitious Plan to Irrigate 2 Million Hectares Under 24-Hour Economy
[/vc_row_inner]

Recent News

  • MfC Dismisses NPP’s Flagbearer Hopes for 2028
  • Lyrical Joe Blasts Cult-Like Fan Culture in Ghana
  • Macron, Putin Hold First Direct Call In Over Two Years
  • Borrowers’ Forum Launched To Tackle Debt Crisis
  • EC To Rerun 19 Disputed Polls In Ablekuma North 
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.