China hits Lockheed Martin, Raytheon with sanctions over arms sales to Taiwan

China hits Lockheed Martin, Raytheon with sanctions over arms sales to Taiwan

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China on Thursday imposed trade and investment sanctions on Lockheed Martin and a unit of Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory. Lockheed Martin Corp. and Raytheon Technologies…

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