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China to slap sanction on US firms involved in arms sales to Taiwan
International

China to slap sanction on US firms involved in arms sales to Taiwan

Agency News

Beijing, Jul 12: China on Friday said it will impose sanctions on US companies involved in arms sales to Taiwan.

The Chinese decision, announced by the Foreign Ministry, was in response to the US plan of selling weapons worth $2.22 billion to Taiwan and comes amid deteriorating ties between the world's two largest economies that have been locked in an acrimonious trade war.

China considers Taiwan as a breakaway province and has not ruled out the use of force to bring the self-ruled island under its control.

The arms sales to Taiwan by the US are serious violations of international law, the basic norms of international relations, the one-China principle and the three joint communiques between China and the US, Ministry Spokesperson Geng Shuang,said, adding that the sales undermined China's sovereignty and national security.

"In order to safeguard national interests, China will impose sanctions on US companies involved in the arms sales to Taiwan," Geng said.

According to the US Defense Security Cooperation Agency (DSCA), the deal includes 108 M1A2T Abrams tanks, 250 Stinger portable anti-aircraft missiles, related equipment and support. (UNI)