China targets 28 US defence firms with sanctions 'in order to safeguard national security'

In a fresh escalation of trade tensions, China announced new export control measures targeting 28 US companies, including Lockheed Martin, General Dynamics, and Raytheon, prohibiting them from conducting business in the country. This move follows Beijing designating 10 subsidiaries of these companies as “unreliable entities,” imposing stricter sanctions. The Chinese Ministry of Commerce cited national security interests and non-proliferation obligations as reasons for the sanctions, impacting firms primarily involved in defense contracting.

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