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UDN: China Sanctions Six US Companies and Five Executives

United Daily News (UDN), one of the primary Taiwanese news groups, recently reported that, due to dissatisfaction with the U.S. arms sales of attack drones to Taiwan in June, the Chinese Ministry of Foreign Affairs just announced it will take countermeasures against six U.S. military companies and five senior executives.

On June 18, the United States announced the sale of two attack drone models to Taiwan, including Switchblade 300 and Altius 600M-V, for a total of US$360.2 million. This is the 15th U.S. arms sale to Taiwan under President Biden. China announced that, according to China’s “Anti-Foreign Sanctions Law”, for six companies, including Anduril Industries, Maritime Tactical Systems, Pacific Rim Defense, AEVEX Aerospace, LKDAerospace, and Summit Technologies Inc., their movable, immovable, and other types of properties in China will be frozen.

For two top executives of AeroVironment and three senior executives of Anduril, China have frozen their movable, immovable and other types of properties in China. China also prohibited organizations and individuals in China from conducting relevant transactions, cooperation and other activities with these individuals, who will not be issued Chinese visa and are not allowed to enter China (including Hong Kong and Macau).

Source: UDN, July 12, 2024
https://udn.com/news/story/7331/8091885