China will sanction Lockheed Martin over arms sales to Taiwan

China said on Tuesday it would place sanctions on Lockheed Martin for its involvement in...

Posted: Jul 14, 2020 7:22 AM

China said on Tuesday it would place sanctions on Lockheed Martin for its involvement in arms sales to Taiwan, a move that could further escalate tensions between Beijing and Washington.

"China firmly opposes US arms sales to Taiwan," Foreign Ministry spokesman Zhao Lijian said at a press conference. Taiwan is a self-ruled island, but China has long vowed to unify it with the mainland.

The United States is one of Taiwan's main arms suppliers. The US State Department last week approved a request by Taiwan to upgrade its Patriot Surface-to-Air missiles at an estimated cost of $620 million, according to Taiwan's state-run Central News Agency.

In response, China is imposing "sanctions on the main contractor of this arms sale, Lockheed Martin," Zhao said, without going into detail. The United States should "stop selling arms to Taiwan and cut its military ties to Taiwan, so it won't do further harm to bilateral relations between China and the United States," he added.

Relations between the world's top two economies were already approaching new lows.

After tightening sanctions on Huawei, Washington has threatened in recent weeks to ban more of China's biggest tech companies. Beijing has sanctioned US officials and lawmakers and told the United States to quit interfering in China's international affairs. Meanwhile, there is growing criticism from the United States and other Western countries over Beijing's crackdown on Hong Kong and China's early handling of the coronavirus pandemic.

Selling arms to Taiwan "shows the US is advancing its plans to contain the Chinese mainland regardless of the issues it has with handling the coronavirus at home, and it will lead to more chaos and complexity to the region instead of peace and stability," China's state run tabloid the Global Times reported last week.

The arms sale is "symbolic, and only gives Taiwan secessionists false courage, rather than boosts its military capabilities," Yang Chengjun, a Chinese expert on missile technology and nuclear strategy, told the newspaper.

Lockheed Martin did not immediately respond to a request for comment.

It is unclear how Chinese sanctions would affect the company's business. Lockheed Martin said in a recent filing that missiles and firearms will account for less than 20% of the company's estimated sales for 2020. It makes more than twice as much revenue from aeronautics, which includes sales of the company's F-35 fighter jets.

Beijing could restrict Chinese companies from supplying key technology to Lockheed Martin, which would be similar to restrictions Washington has placed on Huawei. Last year, Sky News reported that a Chinese-owned company manufactures circuit boards for F-35 jets. Lockheed Martin told the British broadcaster at the time that it was not aware of any other Chinese-owned F-35 suppliers.

— CNN's Isaac Yee contributed to this report.

Huntsville
Clear
66° wxIcon
Hi: 81° Lo: 59°
Feels Like: 66°
Florence
Clear
67° wxIcon
Hi: 83° Lo: 61°
Feels Like: 67°
Fayetteville
Scattered Clouds
64° wxIcon
Hi: 81° Lo: 59°
Feels Like: 64°
Decatur
Clear
68° wxIcon
Hi: 80° Lo: 58°
Feels Like: 68°
Scottsboro
Scattered Clouds
64° wxIcon
Hi: 79° Lo: 58°
Feels Like: 64°
WAAY Radar
WAAY WAAY-TV Cam
WAAY Temperatures

Alabama Coronavirus Cases

Confirmed Cases: 153016

Reported Deaths: 2633
CountyConfirmedDeaths
Jefferson22400372
Mobile14282314
Tuscaloosa9983132
Montgomery9691196
Madison899992
Shelby703560
Lee643966
Baldwin637567
Marshall426748
Calhoun410259
Etowah402049
Morgan394532
Houston363132
DeKalb316727
Elmore309552
St. Clair279742
Limestone269227
Walker268092
Talladega255034
Cullman225823
Lauderdale206340
Autauga199928
Franklin199131
Jackson199114
Colbert190627
Russell19023
Dallas185227
Blount183823
Chilton180531
Escambia170928
Covington164729
Coffee16409
Dale162551
Pike130212
Chambers127343
Tallapoosa127286
Clarke126716
Marion104229
Butler99840
Barbour9819
Marengo96721
Winston89913
Geneva8337
Pickens80317
Randolph79514
Lawrence79230
Bibb78913
Hale74529
Cherokee71514
Clay70712
Lowndes69927
Bullock63517
Henry6316
Monroe6279
Washington62112
Crenshaw59030
Perry5796
Wilcox55712
Conecuh55413
Fayette54712
Macon52919
Cleburne5247
Sumter46421
Lamar4575
Choctaw38612
Greene33316
Coosa1963
Out of AL00
Unassigned00

Tennessee Coronavirus Cases

Confirmed Cases: 232061

Reported Deaths: 2922
CountyConfirmedDeaths
Shelby34370552
Davidson29801325
Knox1183387
Hamilton11097102
Rutherford11031106
Williamson661848
Sumner5636107
Wilson440253
Putnam411053
Montgomery385751
Out of TN379435
Unassigned37653
Madison361378
Bradley340821
Sullivan318844
Sevier314920
Blount310231
Washington308043
Maury307435
Robertson248539
Hamblen232743
Tipton219222
Gibson205437
Dyer202326
Hardeman178732
Coffee176020
Trousdale17407
Obion163617
Bedford159020
Dickson156218
Wayne15607
Greene155650
Anderson155513
Loudon154010
Fayette152022
McMinn150832
Cumberland148924
Lawrence146217
Jefferson145818
Weakley143425
Carter141532
Henderson135425
Monroe134823
Warren13399
Hardin131319
Lauderdale130818
Macon125724
Franklin121115
Haywood119025
Roane11857
Overton111211
Johnson11046
Hawkins109923
Carroll109324
McNairy108825
White107614
Marshall10528
Rhea104816
Cheatham96911
Lake9683
Smith93313
Bledsoe9244
Cocke92212
Giles89234
Campbell8647
Fentress8497
Lincoln8012
Crockett76620
Henry74110
Hickman73913
Chester71214
Marion6999
DeKalb67216
Decatur62511
Grainger5314
Grundy5168
Claiborne4956
Union4932
Polk46913
Jackson4165
Humphreys4094
Morgan4086
Houston38914
Benton3879
Cannon3862
Unicoi3641
Clay36312
Lewis3502
Sequatchie3294
Scott3244
Stewart3087
Meigs2944
Moore2452
Pickett2445
Perry2041
Van Buren1911
Hancock1123

Community Events