China’s Ministry of Foreign Affairs named the seven companies above, including Insitu, Hudson Technologies, Saronic Technologies, Raytheon’s unit in Canada, Raytheon’s unit in Australia, Aerkomm and Oceaneering International Inc, according to the newspaper. South China Morning Post (SCMP).
China’s Foreign Ministry emphasized that “relevant senior executives” of these companies were also subject to sanctions, although none of them were named, according to SCMP.
Insitu, owned by aerospace giant Boeing (USA), produces drones and other unmanned aircraft systems. Insitu is a major supplier to NATO.
Before Raytheon units in Canada and Australia were embargoed on December 27, Beijing did the same thing with Raytheon Missiles & Defense, along with Lockheed Martin Corporation, last year, according to SCMP.
Any assets that embargoed companies have in China will be frozen, and any Chinese entities are prohibited from conducting any business with those companies. However, US defense contractors are generally prohibited from selling weapons or other military goods to China, limiting the impact that sanctions can have, according to SCMP.
Speaking in Beijing, Chinese Foreign Ministry spokesman Mao Ning on December 27 called on Washington to “immediately stop providing weapons to Taiwan in any form, considering China’s development and China-China relations.” -America objectively and rationally and stop wrong words and actions that harm China’s interests.”
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There is currently no information about Washington’s reaction to China’s above move and statement.
Previously, US President Joe Biden on December 23 signed the National Defense Authorization Act (NDAA) worth 895 billion USD, including many measures to increase military support for Taiwan, according to SCMP.
Some provisions of the NDAA call for more direct aid to Taiwan’s military and security forces, including $300 million for “intelligence, surveillance and reconnaissance capabilities”; “manned and unmanned aircraft capabilities”; “integrated air and missile defense systems” and others. Other measures in the NDAA allow for closer coordination with allies and other countries in supporting Taiwan’s defense capabilities.