China Sanction on Boeing: China’s ministry of commerce sanctioned Boeing and two other defense companies on Monday, the same day as Taiwan’s presidential inauguration.
This is the most recent in a string of penalties Beijing has levied against defense contractors for supplying armaments to Taiwan, an independent island that it regards as part of its own territory. The sanctions were issued in recent years.
According to the Times Of India, due to their involvement in arms sales to Taiwan, which Beijing regards as part of its own territory, Boeing and two other defense corporations have been subject to sanctions by China’s Ministry of Commerce. This action is the most recent in a string of penalties Beijing has levied against defense contractors that supply Taiwan with weaponry in recent years.
Indian Navy ships arrives in Manila to ties strengthen with Philippines
China’s Ministry of Commerce has listed Boeing’s Defence, Space & Security division, General Atomics Aeronautical Systems, and General Dynamics Land Systems as “unreliable entities.” This designation includes travel restrictions on senior executives and forbids these corporations from making any more investments in China.
Taiwan’s security will be strengthened by importing cutting-edge fighters and other technology, as well as by growing the country’s defense sector, according to the country’s new president, Lai Ching-te.
China froze the domestically held assets of General Dynamics Land Systems and General Atomics Aeronautical Systems in April. While General Atomics contributes to the development of the Abrams tank, which Taiwan is purchasing to replace antiquated armor meant to deter or withstand a hypothetical attack from China, General Dynamics maintains multiple Gulfstream and jet aviation services companies in China.
It is unknown if General Atomics supplies any weaponry to Taiwan, but the corporation is well-known for creating the US military’s Predator and Reaper drones.
After Boeing Defense, Space and Security won a $355 million deal to provide Taiwan with Harpoon missiles, Ted Colbert, the company’s president and CEO, was subject to sanctions from China in 2022.
Indian Army Receives 27,000 Russian AK-203 Assault Rifles
China’s People’s Liberation Army has been putting further military pressure on Taiwan by often flying fighter planes overhead and cruising warships close to the island.
It’s yet unclear how Beijing’s measures will affect companies like Boeing. Despite US restrictions on the sale of most weapon-related technology to China, some military contractors run civilian aerospace and other businesses.
