Last news in Fakti

China imposes sanctions on seven US companies for arms sales to Taiwan

The sanctions include a ban on imports and exports and block new investments in China

Jan 14, 2025 16:57 119

China imposes sanctions on seven US companies for arms sales to Taiwan  - 1

The Chinese Ministry of Commerce has included seven US companies in its list of unreliable entities, Reuters reports, quoted by News.bg.

The reason for this decision is the involvement of these companies in brokering arms sales to Taiwan, which Beijing considers part of its territory.

As reported by the Chinese Ministry, the companies included in the list will be prohibited from exporting or importing goods from China, as well as from making new investments in the country.