China has imposed sanctions on 13 US military companies in retaliation for Washington’s planned arms sales to Taiwan, a move seen as largely symbolic but which has the potential to disrupt the firms’ supply chains.
The companies affected are mostly related to drone manufacturing and include BRINC Drones Inc., Shield AI Inc., and Kratos Unmanned Aerial Systems Inc. The Foreign Ministry in Beijing said in an announcement Thursday that the assets of all 13 companies are frozen and no China-based entities can transact or work with them.
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