Trade relations
China imposes export controls on US defense manufacturers
The relationship between China and the USA remains tense. Beijing is again targeting US arms manufacturers. These should be cut off from certain goods.
China has imposed export controls on several US defense companies. According to the Ministry of Commerce, the delivery of goods that can be used for both civil and military purposes is now prohibited. Beijing justified the measure with the protection of national interests and security and the fulfillment of international obligations. The export restrictions apply to a total of 28 US companies.
According to the authority, several departments of the defense companies Lockheed Martin, Raytheon and General Dynamics are affected. The Commerce Department placed a large portion of them on another list of “unreliable companies,” according to a second notice. This means that companies can no longer invest in China and their high-ranking managers are not allowed to enter the People’s Republic.
China has repeatedly taken measures against US arms manufacturers in the past. Beijing is reacting to US arms sales to Taiwan, which Beijing counts as part of China, even though an independent government has been in power on the island republic for decades.
dpa
Source: Stern
