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Excerpt from www.naharnet.com
China’s Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday for arms sales to Taiwan, on the day of Taiwan’s presidential inauguration.
The move is the latest in a series of sanctions Beijing has announced in recent years against defense companies for weapons sales to Taiwan, a self-ruled island that China considers as part of its own territory.
China’s Ministry of Commerce placed Boeing’s Defense, Space & Security unit, General Atomics Aeronautical Systems, and General Dynamics Land Systems, on what is called an “unreliable entities” list, forbidding their further investment in China, in addition to travel bans on senior management for the companies.