China sanctions Raytheon and Lockheed for their stance on the Taiwan deal

China announced Monday that it would impose new sanctions against U.S. defense contractors Raytheon Technologies & Lockheed Martin because of their arms sales to Taiwan.

China sanctions Raytheon and Lockheed for their stance on the Taiwan deal

This is a escalating feud with Washington about security and Beijing's strategic ambitions.

Wang Wenbin, spokesperson for the Foreign Ministry, announced the decision at a daily media briefing. He cited a recently passed Anti-Foreign Sanctions Law which took effect in 2021. The move was in response to the $100m deal between the U.S. and two companies formaintenance Taiwan's missile defense system.

China urges the U.S. government to continue its efforts in. . . Wang stated that Taiwan should stop selling arms to Taiwan and cut all military ties with Taiwan."

He said that China would continue to take all necessary steps to protect its sovereignty and security interests, in line with the developments of the situation. However, he did not give any details.

Taiwan is a democracy-governed island, which communist-ruled China claims to be its territory. In 1949, civil war broke out between the two sides.