Beijing Freezes Assets of Companies Involved in Taiwan Arms Sales
China has taken a firm stance against U.S. defense firms, imposing sanctions on seven companies for their involvement in arms sales to Taiwan, a move that Beijing views as a violation of its sovereignty and national security.
According to a statement by Chinese Foreign Ministry spokesperson Mao Ning during a press briefing, the sanctioned companies’ assets in China have been frozen. The spokesperson emphasized that the decision reflects Beijing’s opposition to U.S. military support for Taiwan, which China considers an integral part of its territory.
The blacklisted companies include Insitu Inc., Hudson Technologies, Ceranec Technologies, Raytheon Canada, Raytheon Australia, AirCom Inc., and Oceaneering International.
“These firms have sold weapons to Taiwan, undermining China’s security interests and interfering in its internal affairs,” Mao Ning stated. The spokesperson added that the sanctions send a clear message against external interference in China’s sovereignty.
This move comes shortly after U.S. President Joe Biden allocated $895 billion for military training and support for Taiwan, intensifying tensions between the two superpowers.
Beijing’s actions signal a robust response to U.S. policies in the region as both nations navigate heightened geopolitical tensions over Taiwan.
