China to sanction two US firms for arms sales to Taiwan

[Sherman A1]

The Chinese government says it has decided to take countermeasures against two "US military firms long engaged in arms sales" to Taiwan.

Earlier this month, the administration of US President Joe Biden notified Congress of its approval of arms sales totaling 100 million dollars to Taiwan related to missile defense systems.

At a news conference on Monday, Chinese Foreign Ministry spokesperson Wang Wenbin condemned the arms sales.

Wang stressed the deal seriously undermines not only China's sovereignty and security interests but also China-US relations, as well as peace and stability across the Taiwan Strait.
https://www3.nhk.or.jp/nhkworld/en/news/20220221_32/

[Zorro]

1. Don't see how this really hurts either Lockheed or Raytheon

I wouldn't expect China to be a big customer of what they sell. China's probably stolen a fair amount of their IP, anyway.