China imposed fines and sanctions against two U.S. defense companies in a further escalation of tensions between the world's biggest economies. Lockheed Martin and a subsidiary of Raytheon ...
China's Ministry of Commerce announced Monday that 10 U.S. companies, including Lockheed Martin, General Dynamics, and rare Earth producers, would be prohibited from receiving Chinese dual-use goods.
The sanctions come a month after US President Donald Trump visited Beijing for talks with Chinese President Xi Jinping aimed at stabilising relations. China has imposed export controls on 10 American ...
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