China has imposed sanctions on seven U.S. companies in retaliation for Washington’s approval of a $571.3 million military aid package to Taiwan. Beijing argues that the aid undermines its sovereignty and territorial integrity.
The sanctions, effective immediately, target companies including Insitu, Hudson Technologies, Saronic Technologies, Aerkomm, and Oceaneering International, as well as the Canadian and Australian subsidiaries of Raytheon. Measures include freezing assets within Chinese jurisdiction and banning business dealings with Chinese entities.
This move follows U.S. President Joe Biden’s authorization of the aid and aligns with a broader $2025 defense budget supporting Taiwan through increased cooperation. China, which views Taiwan as a breakaway province, condemned the initiative as interference in its internal affairs.
Beijing has ramped up military pressure on the self-governed island, conducting three large-scale drills since Taiwanese President Lai Ching-te took office in May. Chinese officials reiterated that force remains an option to achieve reunification.
Mao Ning, spokesperson for China’s foreign ministry, warned the U.S. that its support for Taiwan “will only burn itself” and vowed to defend China’s sovereignty and security.
This latest action comes weeks after Beijing sanctioned 13 other U.S. firms over arms sales to Taiwan, signaling a deepening standoff between the two powers.