Raytheon and Lockheed Martin Hit with Chinese Sanctions for Defense Sales to Taiwan

I doubt Raytheon and Lockheed are selling any military equipment to China so it seems these sanctions are just symbolic:

China said Monday it will impose new sanctions on U.S. defense contractors Raytheon Technologies and Lockheed Martin due to their arms sales to Taiwan, stepping up a feud with Washington over security and Beijing’s strategic ambitions.

Foreign Ministry spokesperson Wang Wenbin announced the move at a daily press briefing, citing a newly passed Anti-Foreign Sanctions Law that took effect in 2021. It was in response to a $100 million deal approved by the U.S. for maintenance of Taiwan’s missile defense systems by the two companies. 

“China once again urges the U.S. government and relevant parties to . . . stop arms sales to Taiwan and sever military ties with Taiwan,” Wang said.

Stars & Stripes

You can read more at the link.