On Friday, China said it was imposing sanctions on seven American companies in response to recent US military aid to Taiwan and new weapons sales for the island.
“Recently, the United States announced another substantial military assistance and arms sale to China’s Taiwan region,” the Chinese Foreign Ministry said in a statement announcing the sanctions.
The Foreign Ministry also said the $895 billion 2025 National Defense Authorization Act (NDAA) that President Biden recently signed into law includes “multiple negative sections on China.” The NDAA authorizes an additional $300 million in military aid for Taiwan.
“These seriously violate the one-China principle and the three China-US Joint Communiqués, interfere in China’s internal affairs, and undermine China’s sovereignty and territorial integrity,” the Chinese Foreign Ministry said.
The ministry said the seven US companies Beijing is sanctioning include Insitu Inc., Hudson Technologies Co., Saronic Technologies, Inc., Raytheon Canada, Raytheon Australia, Aerkomm Inc., and Oceaneering International Inc.
The sanctions came after President Biden authorized a $571 million weapons package for Taiwan using the Presidential Drawdown Authority, which allows him to ship weapons straight from US military stockpiles. On the same day, the US State Department approved two new arms sales to Taiwan worth a combined $295 million.
China has stepped up its warnings against the US increasing military support for Taiwan and issued sanctions against 13 other American companies earlier this month in response to other weapons sales. The US has ignored the Chinese concerns and continues to boost ties with Taipei.
Exposing the seven bastards…!
Is this symbolic or does it have teeth? Have they continued trading with these companies all the while?
Good question. I can't imagine, for example, that either the US or China would have allowed trade between China and Raytheon in recent times.
Yes.
And when the US imposes sanctions it includes all of NATO (other countries).
Whoever China would influence would seem to me to be those who are already outsiders/outcasts of the larger system anyway, like Russia.
The sanctions would most likely influence the China’s Rare Earth Elements exports to US…!
It seems limited to several corporations. Didn’t they already stop trade of goods like minerals prior?
These companies dictate to Washington, not vice versa. Furthermore, to do business there, China always insisted on tech transfer. So who knows what the meaning of all this is?
Presidential Drawdown Authority needs to be revoked.