China Sanctions US Firms Over Arms Sales To Taiwan

China on Monday announced it would sanction three US defence companies over their sales of arms to Taiwan.
The announcement came as Lai Ching-te was sworn in on Monday as president of the democratic island in the face of growing Chinese military pressure.
According to the country’s commerce ministry, US firms General Atomics Aeronautical Systems, General Dynamics Land Systems, and Boeing Defense, Space & Security will be added to Beijing’s list of “unreliable entities”.
The state news agency equally disclosed that the three US defense companies will be barred from engaging in China-related import or export activities, as well as forbidden to make new investments in China.
Recall the United States approved a huge military aid package for Taipei last month, including $1.9 billion for replenishing its military equipment and training.