News Snapshot:
Last week, the Chinese Foreign Ministry called on the United States to cancel its arms sales deal with Taiwan. The spokesman for the Chinese Foreign Minister, Zhao Lijian, stated on Monday that Beijing will impose sanctions on US entities participating in arms sales to Taiwan. Speaking further, the spokesman said that Lockheed Martin, Boeing Defence and Raytheon will fall under the Chinese sanctions. Last week, the Defense Security Cooperation Agency, the Pentagon’s office that oversees US military assistance to other nations, announced that the State Department had approved the sale of $1.008 billion worth of AGM-84H Standoff Land Attack Missile...
