China imposes new sanctions on US defense companies: Full list
Illustrative photo: China imposed new sanctions against US defense companies (Getty Images)
China has imposed sanctions against US defense companies for the second time in recent days. According to China's Ministry of Commerce, the restrictions are aimed at "protecting national sovereignty, security, and interests."
On January 14, China imposed sanctions on the following companies:
- Inter-Coastal Electronics
- System Studies & Simulation
- IronMountain Solutions
- Applied Technologies Group
- Axient
- Anduril Industries
- Maritime Tactical Systems
Today, sanctions were introduced against:
- Pacific Rim Defense
- AEVEX Aerospace
- LKD Aerospace
- Summit Technologies
The above-mentioned companies were allegedly involved in the sale of weapons to Taiwan.
Under these sanctions:
- The companies are prohibited from engaging in import-export activities related to China or making new investments in the country.
- The companies' leadership is barred from entering China.
- Residence or stay permits for senior management in China have been canceled.
US-China relations
The relations between the two countries is characterized by both cooperation and competition. Economically, they are interdependent: China is one of the largest trading partners of the US, while American companies significantly rely on the Chinese market and manufacturing capabilities.
At the same time, the US accuses China of unfair trade practices, intellectual property violations, and more. The two countries also have disputes over Taiwan, the South China Sea, and human rights issues.
Recently, China has already imposed sanctions on US military companies and their executives.
