Chinese authorities have banned entrepreneurs in the country from trading with two US arms companies, Lockheed Martin and Raytheon Missiles & Defense. This has been reported area Chinese Ministry of Commerce.
According to the agency, Raytheon Missiles & Defense and Lockheed Martin are selling weapons to Taiwan that Chinese officials call “bad”.
For this reason, we have decided to ban the two companies from doing import and export activities related to China in order to prevent the use of Chinese products in their military production.”
It was noted that violations of the Ministry’s directives prohibiting commercial cooperation with these companies by Chinese entrepreneurs will be punished according to Chinese law.
16 April reportedLockheed Martin and Raytheon are worried about China’s imposition of sanctions against American defense.