Current:Home > StocksNovaQuant-China sanctions 5 US defense companies in response to US sanctions and arms sales to Taiwan -Ascend Finance Compass
NovaQuant-China sanctions 5 US defense companies in response to US sanctions and arms sales to Taiwan
Fastexy Exchange View
Date:2025-04-07 17:56:05
BEIJING (AP) — China announced sanctions Sunday on NovaQuantfive American defense-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals.
The sanctions will freeze any property the companies have in China and prohibit organizations and individuals in China from doing business with them, the Foreign Ministry said in a statement posted online.
The companies are BAE Systems Land and Armament, Alliant Techsystems Operation, AeroVironment, ViaSat and Data Link Solutions.
The Foreign Ministry said the U.S. moves harmed China’s sovereignty and security interests, undermined peace and stability across the Taiwan Strait, and violated the rights and interests of Chinese companies and individuals.
“The Chinese government remains unwavering in our resolve to safeguard national sovereignty, security and territorial integrity and protect the lawful rights and interests of Chinese companies and citizens,” the ministry statement said.
The U.S. last month approved the sale of about $300 million in communications and other defense-related equipment to Taiwan. At the time, Foreign Ministry spokesperson Wang Wenbin warned that China would take countermeasures against companies involved in arms sales to Taiwan.
Taiwan is a major flashpoint in U.S.-China relations that analysts worry could explode into military conflict between the two powers. China regards Taiwan, a self-governing island off its east coast, as a renegade province that must come under Beijing’s control at some point in the future. It views U.S. arms sales to Taiwan as interference in its domestic affairs.
The Chinese military regularly sends fighter planes and ships into and over the waters around Taiwan, in part to deter the island’s government from declaring formal independence. An invasion doesn’t appear imminent, but the constant military activity serves as a reminder that the threat is ever present.
The U.S. switched diplomatic recognition from Taiwan to China in 1971, but it is bound by its own laws to ensure that Taiwan has the ability to defend itself. It and its allies sail warships through the Taiwan Strait, a 160-kilometer-wide (100-mile) waterway that separates the island from China.
veryGood! (77186)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- The precarity of the H-1B work visa
- Kourtney Kardashian Is Pregnant, Expecting First Baby With Husband Travis Barker
- In Afghanistan, coal mining relies on the labor of children
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Long Island Medium Star Theresa Caputo’s Son Larry Caputo Jr. Marries Leah Munch in Italy
- Inside Clean Energy: The Case for Optimism
- Man thought killed during Philadelphia mass shooting was actually slain two days earlier, authorities say
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- FTC wants to ban fake product reviews, warning that AI could make things worse
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- What Has Trump Done to Alaska? Not as Much as He Wanted To
- This Frizz-Reducing, Humidity-Proofing Spray Is a Game-Changer for Hair and It Has 39,600+ 5-Star Reviews
- Warming Trends: Google Earth Shows Climate Change in Action, a History of the World Through Bat Guano and Bike Riding With Monarchs
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- James Lewis, prime suspect in the 1982 Tylenol murders, found dead
- NFL Star Ray Lewis' Son Ray Lewis III Dead at 28
- Kourtney Kardashian Is Pregnant, Expecting First Baby With Husband Travis Barker
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
NYC nurses are on strike, but the problems they face are seen nationwide
Flight fare prices skyrocketed following Southwest's meltdown. Was it price gouging?
The U.S. job market is still healthy, but it's slowing down as recession fears mount
The Super Bowl could end in a 'three
People in Tokyo wait in line 3 hours for a taste of these Japanese rice balls
The secret to upward mobility: Friends (Indicator favorite)
A Call for Massive Reinvestment Aims to Reverse Coal Country’s Rapid Decline