China's government and Chinese companies will cut business ties with U.S. f...
China said on Friday it would sanction U.S. companies selling weapons to Taiwan but did not elaborate.Chinese Foreign Ministry spokesman Geng Shuang said the arms sales were a violation of international law and harmed China’s sovereignty and national security.
“I can’t reveal the details at the moment. But believe this - Chinese people always stress standing by their word.” They included Honeywell International Inc , which makes the engines for the Abrams tanks, and private jets maker Gulfstream Aerospace, which is owned by General Dynamics. China is an important market for both Honeywell and Gulfstream.Ties between China and the United States are already strained over a trade war, which has seen them levy tariffs on each other’s imports.
U.S. defense contractors have been barred from dealings with Beijing since China’s bloody crackdown on pro-democracy demonstrators on and around Tiananmen Square in 1989.
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