"China's foreign ministry has hit US defence companies, including Boeing, with sanctions after Donald Trump approved a large package of arms sales to Taiwan. The ministry said on Friday that the measures against 10 individuals and 20 US firms including Boeing's production hub at St Louis in Missouri freeze any assets the companies and individuals hold in China and bar domestic organisations and individuals from doing business with them."
"It comes after the Trump administration last week announced a package of arms sales to Taiwan valued at more than $10bn, including medium-range missiles and drones. It was the largest-ever weapons sale in the history of the bilateral relationship. China's stance on Taiwan which is that it must merge with the People's Republic of China, something that the democratically governed Taipei rejects has been a pinch-point in its relations with the US, already worn thin over trade and tariff issues."
China's foreign ministry sanctioned 10 individuals and 20 US firms, including Boeing's St Louis production hub, freezing any assets held in China and prohibiting Chinese organisations and individuals from doing business with them. The measures followed a US-approved arms package to Taiwan valued at more than $10bn, including medium-range missiles and drones, described as the largest-ever weapons sale between the two. China affirms that Taiwan must merge with the People's Republic of China, a position rejected by Taiwan, and labels Taiwan as a core interest and a red line. Sanctioned individuals are also barred from entering China.
Read at www.theguardian.com
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