Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

China slaps sanctions on 13 US military firms over Taiwan arms sale

by
December 5, 2024
in Investing
0
China slaps sanctions on 13 US military firms over Taiwan arms sale

BEIJING (Reuters) – China has decided to impose sanctions on 13 U.S. military firms from Thursday, in response to the sale of U.S. arms to Taiwan, the foreign ministry said after the United States arranged for Taiwan’s president to transit through its territory.

The step follows China’s strong objection to the United States authorising a potential $385-million sale of spare parts and support for F-16 jets and radars to Taiwan, which Beijing says undermines its sovereignty and territorial integrity.

China, which considers Taiwan its own territory and its President Lai Ching-te a dangerous separatist, opposes any foreign interactions or visits by the island’s leaders.

Companies targeted by the sanctions include Teledyne Brown Engineering Inc, BRINC Drones Inc and Shield AI Inc, the foreign ministry said in Thursday’s statement.

Other companies facing sanctions are Rapid Flight LLC, Red Six Solutions, SYNEXXUS Inc, Firestorm Labs Inc, Kratos Unmanned Aerial Systems Inc, HavocAI, Neros Technologies, Cyberlux Corporation, Domo (NASDAQ:DOMO) Tactical Communications and Group W.

In addition, China will freeze the assets of six executives from five companies including Raytheon (NYSE:RTN), BAE Systems (LON:BAES) and United Technologies (NYSE:RTX), in China, and bar their entry to the country.

Chinese organisations and individuals are also prohibited from dealing with them.

This post appeared first on investing.com
Previous Post

House Ethics Committee to meet with vote on releasing Gaetz report looming

Next Post

Synopsys shares slide as soft guidance offsets Q4 results beat

Next Post
Synopsys shares slide as soft guidance offsets Q4 results beat

Synopsys shares slide as soft guidance offsets Q4 results beat

  • Trending
  • Comments
  • Latest
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says

Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says

Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says

February 5, 2026
Nicki Minaj accuses California Gov Newsom of ‘trying to be Trump’ in scathing interview

Nicki Minaj accuses California Gov Newsom of ‘trying to be Trump’ in scathing interview

February 5, 2026
The architect of Amazon’s supply chain on running a startup with your spouse

The architect of Amazon’s supply chain on running a startup with your spouse

February 5, 2026
Bernie Sanders spent over $550K in 2025 campaign funds on private jets, filings show

Bernie Sanders spent over $550K in 2025 campaign funds on private jets, filings show

February 5, 2026

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says

    Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says

    February 5, 2026
    Nicki Minaj accuses California Gov Newsom of ‘trying to be Trump’ in scathing interview

    Nicki Minaj accuses California Gov Newsom of ‘trying to be Trump’ in scathing interview

    February 5, 2026
    The architect of Amazon’s supply chain on running a startup with your spouse

    The architect of Amazon’s supply chain on running a startup with your spouse

    February 5, 2026
    Bernie Sanders spent over $550K in 2025 campaign funds on private jets, filings show

    Bernie Sanders spent over $550K in 2025 campaign funds on private jets, filings show

    February 5, 2026

    Top News

    Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says

    Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says

    February 5, 2026
    Nicki Minaj accuses California Gov Newsom of ‘trying to be Trump’ in scathing interview

    Nicki Minaj accuses California Gov Newsom of ‘trying to be Trump’ in scathing interview

    February 5, 2026

    Latest News

    • Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says
    • Nicki Minaj accuses California Gov Newsom of ‘trying to be Trump’ in scathing interview
    • The architect of Amazon’s supply chain on running a startup with your spouse

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.