China Targets Four U.S. Companies over Taiwan Arms Sales 🚫

In a significant move, China's Ministry of Commerce (MOFCOM) announced on Wednesday that four U.S. companies have been added to its unreliable entity list. The companies, including Pacific Rim Defense, AEVEX Aerospace, LKD Aerospace, and Summit Technologies Inc., are accused of selling arms to China's Taiwan region. 🚫💼

This decision, made in accordance with Chinese laws and regulations, comes with a series of restrictive measures. These U.S. firms are now prohibited from engaging in China-related import or export activities and from making new investments within China. 📉🌐

But that's not all! Senior executives from these companies are banned from entering China. Their existing work permits and residency qualifications are being canceled, and no new ones will be issued. Talk about serious consequences! 🌏🚫🛂

The MOFCOM's action underscores the tensions surrounding arms sales to the Taiwan region. It's a clear message from Beijing about its stance on the issue. Stay tuned for more updates on how this development unfolds in the global arena. 🎯🌍

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China adds four U.S. companies to unreliable entity list

cgtn.com