China to impose sanctions on U.S. firms over Taiwan arms sales

China to impose sanctions on U.S. firms over Taiwan arms sales

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Chinese President Xi Jinping

Aris Messinis | Pool | Reuters

China will impose sanctions on U.S. entities participating in  U.S. arms sales to Taiwan, a foreign ministry spokesman said on Monday.

Lockheed Martin, Boeing Defense and Raytheon will be sanctioned, the spokesman, Zhao Lijian told a news conference in the Chinese capital.

This is a breaking news story, please check back later for more.

20200221101654 China to impose sanctions on U.S. firms over Taiwan arms sales
Original news source Credit: www.cnbc.com



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