China’s Ministry of Commerce announced on Wednesday that four U.S. companies have been added to its unreliable entity list for selling arms to the Taiwan region. The decision imposes several restrictive measures on these companies, affecting their operations related to China.
The companies named are Pacific Rim Defense, AEVEX Aerospace, LKD Aerospace, and Summit Technologies Inc. According to the ministry, they are prohibited from engaging in import or export activities related to China and from making new investments within the Chinese mainland.
In addition, senior executives from these companies are banned from entering China. Their existing work permits and residency qualifications in China have been nullified, and no new permits or qualifications will be issued to them, the ministry stated.
This move underscores ongoing tensions between China and the U.S. over arms sales to the Taiwan region. China has consistently opposed foreign arms sales to Taiwan, viewing them as a violation of its sovereignty and a threat to regional stability.
Reference(s):
cgtn.com
