China sanctions US firms over Taiwan military support

China on Friday sanctioned seven US companies after Washington’s approval last week of a $571.3 million military aid package to Taiwan, which Beijing said infringed on its sovereignty and territory.
US President, Joe Biden last Friday, ordered the drawdown of up to $571.3 million for defence assistance to the self-ruled island, which China regards as its own territory.
While announcing the sanctions on Friday, the Chinese foreign ministry said Washington’s actions interfered with China’s internal affairs and undermined China’s sovereignty and territorial integrity.
The statement also hit out at Washington’s 2025 defence budget, which includes a security cooperation initiative with Taiwan, as well as calls for strengthened defence industrial cooperation with Taipei.
The ministry said Beijing will freeze the China assets of US defence companies Insitu, Hudson Technologies, Saronic Technologies, Aerkomm and Oceaneering International, as well as Raytheon’s Canada and Australia subsidiaries