China takes measures against 12 U.S. military-linked firms in response to sanctions


Source: theglobeandmail.com theglobeandmail.com

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China said on Wednesday it had taken measures against 12 companies involved in the U.S. military-industrial complex and their senior executives, in response to the U.S. arming of Taiwan and sanctions on Chinese companies. The U.S. companies included units of Lockheed Martin LMT-N, Raytheon and General Dynamics GD-N, China’s Foreign Ministry said. The measures, which include freezing assets in China and banning senior executives from entering the country, took effect from Wednesday, it added. The action follows U.S. “indiscriminately imposing unlawful unilateral sanctions on a number of Chinese entities on the basis of so-called Russia-related factors,” the ministry said in...