US President-elect Donald Trump has threatened to impose tariffs on China in response to what he sees as unfair subsidies for Chinese industrial products. However, China's economy is expected to expand by 5% in 2025, according to Xi Jinping, the country's leader. In a retaliatory move, China has penalized several major US defense firms, including Raytheon, Boeing, General Dynamics and Lockheed Martin, restricting their business activities with China. The move is seen as largely symbolic due to the limited business these companies do with Beijing, as weapons sales to China require a presidential waiver.
https://www.dailymail.co.uk/news/article-14255839/Trump-adversary-china.htmlChina has imposed sanctions on 28 US defense companies, including Lockheed Martin, General Dynamics, and Raytheon, in an effort to safeguard national security. The move is part of the escalating trade tensions between the two countries. The targeted companies are barred from conducting business in China, with 10 of them being placed on a list.
https://www.lokmattimes.com/international/china-targets-28-us-defence-firms-with-sanctions-in-order-to-safeguard-national-security/The Chinese government has imposed restrictions on subsidiaries of Lockheed Martin, General Dynamics, and Raytheon for participating in arms sales to Taiwan. The companies have been added to China's "Unreliable Entities List", which prohibits them from engaging in import and export activities or making new investments in the country. Additionally, senior managers of these companies will be banned from entering China.
https://www.thenews.com.pk/print/1268103-china-slaps-sanctions-on-us-firms-over-taiwan-arms-salesThe US government has imposed sanctions on a group of major defense contractors, including Lockheed Martin, General Dynamics, Raytheon, and Boeing, by restricting Chinese companies from selling them "dual-use" items. The move is aimed at safeguarding national security interests and fulfilling international non-proliferation obligations, according to the Chinese Ministry of Commerce.
https://www.voanews.com/a/china-targets-us-defense-companies-with-new-sanctions-/7922841.htmlChina has imposed sanctions on seven US military-industrial companies, including Boeing subsidiary Insitu, in response to US military assistance to Taiwan. The sanctioned companies will be prohibited from import and export activities or making new investments in China, while their senior managers will be banned from entering the country. This move is part of a broader escalation by China against Taiwan, which it claims as its territory. The sanctions also include General Dynamics, Lockheed Martin Corporation, and Boeing Defense, Space & Security, among 28 US entities added to China's Export Control List.
https://www.geo.tv/latest/583012-china-slaps-sanctions-on-us-firms-over-taiwan-arms-sales