Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

China sanctions Raytheon, Lockheed Martin over Taiwan deal

Associated Press
Updated: February 21st, 2022, 17:34 IST
in International
0
Arms

FILE PHOTO: People wave Taiwan's flags while soldiers driving M60 tanks pass on a street as part of a military drill in Taichung, Taiwan, November 3, 2020. REUTERS/Ann Wang/File Photo

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Taipei: China said Monday it will impose new sanctions on US defense contractors Raytheon Technologies and Lockheed Martin. This is because of the arms sales by these two companies to Taiwan. In the processes China also stepped up a feud with Washington over security and Beijing’s strategic ambitions.

Foreign Ministry spokesperson Wang Wenbin announced the move at a daily press briefing. He cited a newly passed Anti-Foreign Sanctions Law that took effect in 2021.  It was in response to a $100 million deal approved by the US for maintenance of Taiwan’s missile defense systems by the two companies.

Also Read

Pakistan cornered as PM admits Indian airstrikes hit Nur Khan airbase; BJP’s Malviya shares video

10 hours ago

India willing to scrap all tariffs on US goods, says Donald Trump

12 hours ago

“China once again urges the US government and relevant parties to… stop arms sales to Taiwan and sever military ties with Taiwan,” Wang said.

Also read: China fully ready for invasion of Taiwan

“China will continue to take all necessary measures to firmly safeguard its sovereignty and security interests in accordance with the development of the situation,” Wang added without giving any details.

Taiwan is a democratically self-governed island that communist-ruled China claims as its own territory. The two sides split amid civil war in 1949.  The US has no formal relations with Taiwan but is its main ally.

The US has increased weapons sales in recent years, angering China with the sales. US law requires the government to ensure Taiwan can defend itself.

Beijing regularly pressures American companies to try to influence US policy. In October 2020, Beijing also announced sanctions against Raytheon and other defense contractors and ‘relevant American individuals’.

A day later, the US State Department said it had notified Congress of plans for a $2.37 billion sale of Harpoon attack missiles to Taiwan.

It’s unclear what penalties, if any, were imposed. US weapons or military aircraft sales to Taiwan in 2010, 2015 and 2019 drew similar threats of sanctions.

China maintains that US arms sale to Taiwan violates its so-called ‘one-China principle’ and provisions of agreements between Beijing and Washington.  Tensions over Taiwan have been mounting as Beijing has stepped up military activity around the island to try to force concessions from the pro-independence administration of President Tsai Ing-wen.

The Communist Party also is using the Chinese mainland’s growing economic weight to pressure other governments to cut diplomatic and unofficial ties with Taiwan.

Raytheon, Boeing, Lockheed Martin and other defense industry giants face controls on sales to China of military and dual-use technologies that have both defense and commercial applications. But they also have major civilian businesses and China is a huge market for aviation, among other industries.

 

Tags: BoeingChinacommunistLockheed MartinRaytheonTaiwanWashington
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019

Archives

Editorial

Bureaucratic Foresight

May 17, 2025

Hostilities between India and Pakistan have ceased, for the moment, but when your neighbour has a history of lobbing more...

Read more

Sound & Fury

China-US
May 14, 2025

The outcome of any war between two unequal forces could be predictable – maybe the stronger side wins and the...

Read more

Breaking Walls

Pope Leo XIV
May 13, 2025

I t is of great significance that Robert Francis Prevost, who has succeeded Pope Francis, repeated the word ‘peace’ ten...

Read more

Dangerous Liaisons

india pakistan
May 12, 2025

India and Pakistan have halted military actions for now, a day after Pakistan breached a ceasefire initially announced to the...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST