China Sanctions CEOs at Raytheon, Boeing Defense in Response for US's Taiwan Arms Sale
China imposed sanctions on two individuals: Raytheon Technologies CEO Gregory Hayes and Theodore Colbert, president-CEO of Boeing Defense, Space & Security. The move comes as a response to the U.S.'s planned $1.1 billion arms sale to Taiwan, a spokesperson for…
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China's Ministry of Foreign Affairs said in response to a reporter's question during a regularly scheduled Sept. 16b press conference in Beijing, according to a transcript provided in English. The spokesperson said China condemns the sale and that it gravely undermines China's sovereignty and security.