News Snapshot:
China says it will impose sanctions on Boeing and Lockheed Martin over Taiwan arms sales By Ben Westcott and Sarah Faidell, CNN Business Beijing said Monday that it will impose sanctions on American companies -- including Lockheed Martin, Boeing, and Raytheon -- that have been involved in selling weapons to Taiwan . Speaking at a press conference Monday, Chinese Ministry of Foreign Affairs spokesperson Zhao Lijian called on the United States to stop selling arms to the self-governed island and to cut military ties with the government in Taipei. The sanctions are just the latest escalation in growing tensions between...
