Home Politics China Sanctions US-owned Lockheed Over Arms Sales To Taiwan
PoliticsWorld

China Sanctions US-owned Lockheed Over Arms Sales To Taiwan

999
China Sanctions US-owned Lockheed Over Arms Sales To Taiwan
Credit: UC San Diego

The People’s Republic of China (PRC) has sanctioned a US-owned company which deals in arms manufacturing and sales, Lockheed Martin, for selling weapons to Taiwan.

This was announced by the Chinese Ministry of Foreign Affairs on Friday, stating that certain entities and senior executives of the American defence company have been sanctioned.

China declared severe measures, freezing of movable and immovable property and other types of assets in China of three entities and three members of the company’s leadership.

These individuals, including President James Donald Taiclet, have also been personally affected, being banned from entering China (including Hong Kong and Macau).

China cited the continued U.S. arms sales to the Taiwan region as seriously violating the one-China principle and the provisions of the three China-U.S. Joint Communiqués, interfering in China’s internal affairs, and undermining its sovereignty and territorial integrity.

Beijing’s position is clear. It considers democratically-ruled Taiwan as part of the territory of the People’s Republic of China. It is also seeking to bring it under its control, not ruling out the possibility of using force.

Despite the United States not maintaining formal diplomatic relations with Taiwan, China has considered the U.S. its most significant ally and arms supplier.

The 10 senior executives as listed in the attached list of targets of countermeasures include, Kathy J. Warden (Chair, Chief Executive Officer and President, Northrop Grumman Corporation), Matthew Bromberg (Corporate Vice President, Global Operations, Northrop Grumman Corporation), Benjamin R. Davies (Vice President and General Manager, Strategic Deterrent Systems, Northrop Grumman Space Systems), Thomas H. Jones (Corporate Vice President and President, Northrop Grumman Aeronautics Systems) among others.

Read more: Egypt Suspends 16 Tourism Companies Following Hajj Pilgrim Deaths

About The Author

Written by
Mayowa Durosinmi

M. Durosinmi is a West Africa Weekly investigative reporter covering Politics, Human Rights, Health, and Security in West Africa and the Sahel Region

Related Articles

FinanceNewsPolitics

Tinubu Releases Just 7% of ₦3.3 Trillion to Tackle Ongoing Power Crisis Affecting Millions

President Bola Ahmed Tinubu has approved a ₦3.3 trillion payment plan to...

AgricultureNewsWorld

Over 100 Ghanaian Trucks Stranded in Nigeria as Onion Traders Suspend Exports Amid Trade Tensions

More than one hundred Ghanaian trucks carrying vegetables from the Republic of...

FinanceTechnologyWorld

Ghana Turns National ID into a Payment Card, Becomes First in Africa

Ghana has become the first country in Africa to integrate a fully...

FoodNewsWorld

India Sends 1,000 Metric Tonnes of Rice to Burkina Faso Amid Worsening Humanitarian Crisis

India has dispatched a consignment of 1,000 metric tonnes of rice to...