The Chinese regime said on Sept. 16 that it is sanctioning top executives of two U.S. arms firms in retaliation for recently selling arms to Taiwan.
The sanctions were imposed on Gregory J. Hayes, CEO of Raytheon Technologies Corporation, and Theodore Colbert, CEO of Boeing Defense, Space and Security, for the involvement of their companies in the deal, Chinese Foreign Ministry spokesperson Mao Ning said at a regular briefing on Friday.
The move came after the State Department on Sept. 2 approved a potential $1.1 billion sale of military equipment to Taiwan. The package includes 60 anti-ship missiles and 100 air-to-air missiles, of which the principal contractors are Boeing Defense, a division of Boeing, and Raytheon, respectively.
Ning did not provide details on what the sanctions entailed or how they would be enforced. Previous sanctions on Western individuals have barred them from entering China or doing business there. Such restrictions are unlikely to significantly affect Hayes or Colbert.
The Chinese regime routinely reacts aggressively and punitively against U.S. measures in support of Taiwan, a self-ruled island that the regime considers to be its own and if necessary, to be taken by force. Taiwan, however, has never been ruled by the Chinese Communist Party and has been a separate entity for more than 70 years.
The United States is Taiwan’s largest arms supplier and is bound by law to provide Taiwan with the means to defend itself.
Earlier this week, a Senate committee approved a key bill that would significantly boost U.S. support for Taiwan. It includes $4.5 billion in additional security assistance over four years and support of Taipei’s participation in international organizations.
While the move drew protest from Beijing, bipartisan lawmakers hailed the legislation, which they said was needed to solidify the United States’ relationship with Taiwan.
“We have to make sure that Taiwan is completely able to defend itself, it’s able to have a strong economy, and that it’s not going to be bullied by [China], which they try to do all the time,” Chabot told NTD, sister media outlet of The Epoch Times, on Sept. 14.
The Taiwan bill is likely to be folded into a larger piece of legislation expected to pass later this year, such as the National Defense Authorization Act (NDAA), an annual bill setting policy for the Department of Defense.
The Epoch Times reached out to Boeing, Raytheon, and the State Department for comment but did not receive a reply before publication time.