China targets 28 US defence firms with sanctions 'in order to safeguard national security'
China, Beijing on Thursday announced new export control measures targeting 28 US companies and placed 10 of them to a list, barring them from conducting business in the country, the Voice of America reported.
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The group of 28 companies primarily consists of defence contractors, including Lockheed Martin and five of its subsidiaries, General Dynamics and three of its subsidiaries, three subsidiaries of Raytheon, one subsidiary of Boeing, and over a dozen other firms.
Chinese companies are now prohibited from selling «dual-use» goods — items with both military and civilian applications — to any of these entities.
In an announcement, the Chinese Ministry of Commerce said the sanctions were put in place «in order to safeguard national security… interests and fulfill international obligations such as non-proliferation,» VOA reported.
In a separate announcement, the Chinese Ministry of Commerce designated 10 companies, all subsidiaries of Lockheed Martin, General Dynamics, and Raytheon, as «unreliable entities.» This designation imposes stricter sanctions.
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