Beijing sanctions 20 US defence firms over Taiwan arms sales package
China’s Retaliation: A New Phase in US-Taiwan Arms Sales and Geopolitical Risk Beijing’s recent sanctions against 20 US defense firms and 10 executives, triggered by the $11.1 billion arms sale to Taiwan, aren’t an isolated event. They signal a hardening of China’s stance and a likely escalation in how it responds to perceived provocations regarding … Read more