News Snapshot:
BEIJING > > China’s government said today it will impose sanctions on U.S. military contractors including Boeing Co.’s defense unit and Lockheed Martin Corp. for supplying weapons to rival Taiwan, stepping up a feud with Washington over security and Beijing’s strategic ambitions. Raytheon Technologies Corp. and “relevant American individuals†associated with the sales also will be affected, said a foreign ministry spokesman, Zhao Lijian. He gave no details of what penalties might be imposed or when. The ruling Communist Party claims Taiwan, which split with the mainland in 1949 during a civil war, as part of its territory and has...
