China to sanction US companies Boeing, Lockheed Martin, Raytheon over Taiwan arms sales (
China announced plans Monday to sanction U.S. arms makers — including Lockheed Martin, Boeing and Raytheon — over arms sales to Taiwan. CNN Business reported that Chinese Foreign Ministry spokesperson Zhao Lijian said in a Monday press conference China will apply sanctions to 'relevant US individuals and entities that played a negative role in the arms sales.' Zhao specifically said sanctions would target Lockheed Martin, Boeing's defense contractor business, and Raytheon. In a statement provided to CNN Business, U.S. State Department spokeswoman Morgan Ortagus said, 'We deplore Beijing's efforts to retaliate against U.S. and foreign companies for their sales that support Taiwan's legitimate self-defense requirements, the necessity of which
  • Ilona trommler Bring all american business back to America, we need the jobs, and more than that we need security.
    China is the enemy, we should treat them as such!
  • RobertM Retired Master General Electrician Woooo-hoooo, ain't dem scary! I reckon Donald is tremblin' in his knickers!