China hits back at US with sanctions on Lockheed, Raytheon

China hits back at US with sanctions on Lockheed, Raytheon

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Bloomberg News China imposed fines and sanctions against two U.S. defense companies in a further escalation of tensions between the world’s two biggest economies. Lockheed Martin Corp. and a subsidiary of Raytheon Technologies Corp. were added to a list of “unreliable entities” due to their…

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