China’s Sanctions on Boeing and Defense Companies
Beijing has taken action against several defence companies for weapons sales to Taiwan in recent years.
Announcement of Sanctions
China announced sanctions against Boeing and two other defence companies for arms sales to Taiwan on the day of Taiwan’s presidential inauguration. The move raises questions about the impact on Beijing’s businesses.
Entities Placed on “Unreliable Entities” List
- Boeing’s Defense, Space & Security unit
- General Atomics Aeronautical Systems
- General Dynamics Land Systems
The Chinese Ministry of Commerce placed these entities on the list, forbidding further investment in China and imposing travel bans on senior management.
Previous Actions by Beijing
In recent years, Beijing has taken action against several defence companies for weapons sales to Taiwan. The recent sanctions add to the ongoing measures.
Background on Taiwan-China Relations
Self-ruled Taiwan sees itself as a separate nation from China, while Beijing regards Taipei as its territory since the Chinese civil war. China fears Taiwan’s push for independence and has not ruled out the use of force to reunite the territories.
Taiwan’s Response
Taiwan’s new president, Lai Ching-te, aims to enhance security through advanced technology imports and strengthening domestic defence capabilities.
China’s Stance on Taiwan
Despite changes in Taiwan’s politics, Beijing maintains that Taiwan is part of China. Foreign ministry spokesman Wang Wenbin emphasized the historical and legal unity of the two sides.