China Sanctions US Companies Over Taiwan Arms Sales

News Snapshot:

China announced a new round of sanctions on Thursday targeting subsidiaries of the U.S. military contractors General Atomics and General Dynamics for their part in arming Taiwan. The latest measures ban the senior executives of General Atomics Aeronautical Systems and General Dynamics Land Systems from entering China, and freezes company assets in the country, according to a Chinese Foreign Ministry statement carried by state media. Beijing, which said the sanctions came into effect the same day, accused the companies of "seriously interfering in China's internal affairs and undermining China's sovereignty and territorial integrity." General Dynamics operates aviation services in China...