Summary
China has imposed an export ban on dual-use products to 28 U.S. defense contractors, including Lockheed Martin, Raytheon, Boeing, and General Dynamics, in retaliation for U.S. arms sales to Taiwan.
Ten firms were barred from trade and investments in China.
Beijing condemned the arms sales, citing violations of the One China principle and threats to Taiwan Strait stability.
The ban follows Taiwan’s recent receipt of advanced U.S. military equipment, including Abrams tanks, as the island bolsters its defenses against China’s military activities.
I imagine Washington and Beijing are probably in some degree of concurrence about US defense contractors not having a supply chain that goes through China.
Not really, they’re the one country besides Israel that the US will never invade or go to war with, since it would permanently end the US economy.
Note China needs American money just as much as America needs Chinese junk.
Actually they don’t. Their own middle class is outspending the US, and brics ensures the US isnt ever the primary consumer market ever again.
The U.S. spent over half a trillion dollars on Chinese goods in 2022. You’re telling me they don’t need that?
https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china
The country with a 17 trillion usd GDP? Yeah the half trillion in exports isn’t that important.
Sorry… 5% of their GDP isn’t that important?
What the fuck are you talking about?
Correct, 5% of GDP, specifically from the private sector, would not effect China. It’d make some investors mad, but no one would lose their home, no one would starve, hell they wouldn’t even be out of work unless they refused public sector jobs - of which there are nearly twice as many as private sector jobs.
