Robert Besser
21 Sep 2022, 05:22 GMT+10
BEIJING, China: A Chinese foreign ministry spokesperson said this week that due to their involvement in Washington's latest arms sales to Taiwan, Beijing will impose sanctions on the chief executives of arms manufacturers Boeing Defense and Raytheon.
The sanctions on Boeing CEO Ted Colbert and Raytheon head Gregory Hayes are in response to the sale of military equipment, including 60 anti-ship missiles and 100 air-to-air missiles to Taiwan, that were approved by the U.S. State Department on 2nd September.
The two companies do not sell armaments to China, but both operate commercial aviation businesses in the country.
Citing "their involvement in these arms sales," foreign ministry spokesperson Mao Ning said Colbert and Hayes will be sanctioned, "in order to protect China's sovereignty and security interests."
Mao did not mention details about the sanctions or how they would be enforced.
U.S. defense procurement rules generally prohibit parts that originates in China, so sanctions have had no impact on the U.S. military's purchases.
The Pentagon announced the arms package after China's aggressive military response near Taiwan following last month's visit by U.S.
House of Representatives Speaker Nancy Pelosi, the highest-ranking U.S. official to recently travel to Taipei.
Both Raytheon and Boeing declined to comment, though Boeing officials said they plan to re market some planes intended to be sold to Chinese airlines, amidst geopolitical tensions that have delayed deliveries.
Beijing considers self-ruled Taiwan to be a Chinese province and had pledged to bring it under its control, if necessary by force.
Taipei rejects China's sovereignty claims, stressing only that its people can decide their own future and vowing to defend itself if attacked.
Get a daily dose of North Carolina Daily news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to North Carolina Daily.
More InformationNEW YORK, New York - U.S. stocks were directionless Tuesday as investors had little to digest ahead of next week's ...
NEW YORK, New York - U.S. stocks started the week under pressure on Monday. "Markets are catching their breath after ...
NEW YORK CITY, New York: A JPMorgan Chase & Co spokesperson has confirmed that as part of the bank's efforts ...
WASHINGTON D.C.: The Pentagon said this week that the satellite communications service started by billionaire Elon Musk, SpaceX's Starlink, has ...
CHICAGO, Illinois: Driven by an ongoing shortage of properties available on the market, in March US single-family home prices rose ...
NEW YORK, New York - U.S. stocks surged on Friday on the debt ceiling resolution and a strong jobs report.Nonfarm ...
SPENCER, Massachusetts: Spencer, Massachusetts Fire Chief Robert Parsons has said that a June 2 fire that burned down a 160-year-old ...
MENLO PARK, California: Facebook parent Meta has said that under a trial that could last through the end of June, ...
WASHINGTON D.C.: The Biden administration is expected to approve a deal allowing General Electric to assemble jet engines in India ...
SAN FRANCISCO, California: Landowners in California participated this week in a class organized by the El Dorado Amador Prescribed Burn ...
TAIPEI, Taiwan: Taiwan and the United States are set to sign the first deal under a new trade framework, marking ...
NEWARK, New Jersey: Six years after his 2016 presidential campaign failed to succeed, Chris Christie, former New Jersey Governor, will ...