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BEIJING — China ’s Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday, May 20, 2024, for arms sales to Taiwan, on the day of Taiwan’s presidential inauguration.. The move is the latest in a series of sanctions Beijing has announced in recent years against defense companies for weapons sales to Taiwan, a self-ruled island that China considers as part of its own territory..
In April, China froze assets of General Atomics Aeronautical Systems and General Dynamics Land Systems held within China.. Corporate filings show General Dynamics operates a half-dozen Gulfstream and jet aviation services operations in China, which remains heavily reliant on foreign aerospace technology even as it attempts to build its own presence in the field..
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