Reported 11 months ago
China's Ministry of Foreign Affairs announced sanctions against Lockheed Martin and its executives as a countermeasure against the US Defense Security Cooperation Agency's recent $360 million arms sales deal with Taiwan, which angered China's Defense Ministry. The Foreign Ministry reiterated that the Taiwan issue is a red line in US-China relations, condemning the US for interfering in China's internal affairs and damaging its sovereignty and territorial integrity. China's actions include freezing assets and banning transactions with Lockheed Martin in response to the arms sales.
Source: YAHOO