China imposes sanctions on Boeing, Raytheon CEOs over Taiwan arms sale
China decided to impose sanctions on Gregory J. Hayes, chairman and CEO of Raytheon Technologies and Ted Colbert, president and CEO of Boeing Defense, over their involvement in arms sales to China's Taiwan region, Chinese Foreign Ministry spokesperson Mao Ning said on Friday.
"China will continue to take all necessary measures to firmly safeguard its sovereignty and security interests in accordance with the development of the situation," Mao added at a press briefing.
Violating the one-China principle and the three China-U.S. joint communiqués, especially the regulation of the August 17th communiqué, Mao said the U.S.'s arms sales has seriously jeopardized the China-U.S. relations and the peace and stability across the Taiwan Straits, adding that China firmly opposes and condemns such act.
Mao said China again urges the U.S. government to cease arms sale, cut military connections with China's Taiwan region, and stop creating tension across the Taiwan Straits.
China on Thursday opposed the U.S. Senate Foreign Relations Committee's approval of a bill called the Taiwan Policy Act of 2022 on Wednesday to increase the U.S. military provision for China's Taiwan region.
The U.S. State Department approved a potential $1.1 billion sale of military equipment to China's Taiwan region on September 2, including missiles and radar program. The principal contractors for the missiles and the radar program are Boeing and Raytheon, according to Reuters.