China will sanction US military contractors to ‘uphold national interests’


Source: nypost.com nypost.com

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China will impose sanctions on US military contractors such as Boeing Co.’s defense unit, Lockheed Martin Corp. and Raytheon Technologies Corp., the Communist nation announced Monday. The announcement was made Monday by Chinese Foreign Ministry spokesman Zhao Lijian, who told reporters during a press briefing that the sanctions would be implemented “in order to uphold national interests.” The decision came one week after the US State Department approved $1.8 billion in arms sales to Taiwan, China’s staunchest rival and a territory that China considers a “ rogue province .” At the time, Zhao condemned the sale, saying it interfered with...