China bans American companies selling arms to Taiwan

(PTI) Beijing, Ta. Monday, October 26, 2020

China has banned American companies from supplying arms to Taiwan. China's foreign ministry has announced a ban on three US defense companies. These companies will no longer be able to make defense deals with China. China's foreign ministry announced a ban on American companies supplying arms to Taiwan.

Following the Chinese ban on major US defense companies - Lockheed Martin, Raytheon and Boeing Defense - these companies will no longer be able to enter into any agreements with or with Chinese companies. China has banned US defense companies for the first time. Tensions between the two countries will rise after China's decision.

A Chinese Foreign Ministry spokesman said in an official statement that China had repeatedly refused to allow US companies to make direct deals with Taiwan. The government has the right to penalize a company that breaks the rules, despite opposition from China. American companies struck a 1.8 billion deal with Taiwan on October 21. As part of this, China has taken this step.

It is noteworthy that the US was ready to provide arms as China was deploying warships to seize Taiwan. Meanwhile, the four-day convention of China's ruling Communist Party has begun. In two meetings, China will announce its fourteenth five-year plan.

From 2021 to 2025, China's policy on various issues will be discussed and President Jinping will announce a new policy. The meeting will also discuss China's foreign policy, trade policy, as well as the deteriorating relations between the US and India.