Summary

China imposed sanctions on seven U.S. and allied companies, including Raytheon Canada and Aerkomm Inc., due to recent U.S. military aid and arms sales to Taiwan, as well as provisions in the U.S. defense bill against China.

Sanctions include asset freezes and bans on business dealings in China.

This follows President Biden authorizing $571 million in military aid and $295 million in arms sales to Taiwan.

Beijing condemned the U.S. for violating agreements, interfering in domestic affairs, and increasing tensions over Taiwan, which China claims as its territory.