Response to US Military Assistance to Taiwan
China has retaliated against the United States by sanctioning seven American companies following last week’s announcement by President Joe Biden of a $571.3 million military aid package to Taiwan. Beijing claims this action violates its sovereignty and territorial rights.
Sanctions Detail and Impact
The Chinese Foreign Ministry declared that these sanctions, effective from Friday, include the freezing of assets in China belonging to companies like Insitu, Hudson Technologies, Saronic Technologies, Aerkomm, Oceaneering International, and Raytheon’s subsidiaries in Canada and Australia. Additionally, these companies are barred from engaging in any business dealings with Chinese organizations or individuals.
Broader Implications of US-Taiwan Defense Cooperation
China’s statement also criticized the US 2025 defense budget for including initiatives to enhance security cooperation with Taiwan, accusing Washington of interfering in its internal matters and undermining its territorial integrity.
China’s Stance and Military Posture
The Chinese government has long maintained that Taiwan is an integral part of China and has not ruled out military action to enforce its claim. Tensions have escalated since May when President Lai Ching-te of Taiwan took office, with China conducting significant military exercises around the island.
China Warns of Further Actions
Mao Ning, the spokesperson for China’s Foreign Ministry, cautioned that US support for Taiwan could backfire, stating, “China will continue to take all necessary measures to firmly defend its sovereignty, security and development interests.” This latest round of sanctions follows earlier penalties against 13 US firms this month for their role in arms sales to Taiwan.