$Lockheed Martin (LMT.US)$ International｜China Announces San...

$Lockheed Martin(LMT.US)$ International｜China Announces Sanctions on 12 U.S. Military Enterprises and 10 Senior Executives

The Ministry of Foreign Affairs of China issued on May 22 the “Decision on the Taking of Antitrust Measures Against U.S. Military Enterprises and Senior Management Personnel”, which introduced countermeasures against 12 U.S. military enterprises and 10 senior management personnel, including the freezing of their real estate, real estate and other assets within China. Visas and non-entry permits for senior managers (including Hong Kong, Macau) are not issued.

For some time, the US ignored the objective and constructive role of the Central Party on the Ukraine crisis, citing the so-called Russian factor as the abuse of illegal unilateral sanctions on a number of Chinese entities, massive unilateral bullying and economic threats, seriously offending Chinese businesses, institutions and individuals, the State Department said. Legitimate interests At the same time, the United States continues to sell weapons to the Taiwan region of China, in gross violation of a Chinese principle and the three Sino-American Joint Provisions, seriously interfering in the Chinese internal government, seriously damaging China's sovereignty and territorial integrity.

The 12 U.S. military companies include Lockheed Martin Missiles and Fire Control, Lockheed Martin Aeronautics, Raytheon/Lockheed Martin Javelin Joint Venture, and Raytheon Missile Systems. Missile Systems, General Dynamics Ordnance and Tactical Systems, General Dynamics Information Technology, General Dynamics Mission Systems, Intercoastal Electronics Corporation (Inter- Coastal Electronics, System Studies & Simulation, IronMountain Solutions, Applied Technologies Group and Axient