Beijing Slaps Sanctions On Raytheon, Lockheed & Boeing In Retaliation For Taiwan Arms Sales
(From Zerohedge)
After Beijing sanctioned Lockheed Martin over its involvement in “Torpedoes for Taiwan”, the CCP is following up with more economic attacks on American defense contractors, guaranteeing that the Chinese response, and its attendant economic impact, will be elevated to an important talking point and – more importantly – another risk factor for already-uneasy markets, struggling to digest the political uncertainty combined with new record numbers of COVID-19 cases in the US and Europe.
According to Reuters, Beijing has decided to impose sanctions on Boeing’s defense unit, Raytheon and Lockheed.
This article was originally posted here: https://www.ac2news.com/2020/10/beijing-slaps-sanctions-on-raytheon-lockheed-boeing-in-retaliation-for-taiwan-arms-sales/.
