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China imposes sanctions on US companies and individuals

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China has announced sanctions against 3 more U.S. companies and 10 individuals.

Axar.az reports that this was stated in a statement by China's Ministry of Foreign Affairs. The sanctions are imposed for the involvement of these legal and physical entities in arms sales to Taiwan. The companies targeted are "Edge Autonomy Operations LLC," "Huntingdon Ingalls Industries Inc," and "Skydio Inc." Their movable and immovable assets, as well as other resources in China, will be frozen. Those sanctioned are also banned from entering mainland China, as well as the special administrative regions of Hong Kong and Macau.

Additionally, all organizations and individuals in China are prohibited from cooperating with the sanctioned legal and physical entities.

Date
2024.10.11 / 10:24
Author
Axar.az
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