China said on Monday it will impose sanctions on top US defence firms, including Boeing and Lockheed Martin, for supplying weapons to Taiwan, amid deepening tensions between Beijing and Washington over increasing American arms sales to Taipei.
China’s retaliation followed after the US State Department approved the sale of 135 Standoff Land Attack Missile Expanded Response (SLAM-ER) missiles and related equipment estimated to be worth over USD one billion. Read More…
