China sanctions Lockheed Martin and Raytheon for selling arms to Taiwan
China‘s commerce ministry placed Lockheed Martin Corp and Raytheon Technologies Corp on an “untrustworthy entities list” on Thursday over arms sales to Taiwan, the latest sanctions imposed on the two U.S. defense contractors. The measures come amid heightened tensions after the U.S. military shot down what it says was a Chinese spy balloon, and a … Read more