BEIJING: China on Thursday (Feb 16) put Lockheed Martin and a unit of Raytheon Technologies on an “unreliable entities list” over arms sales to Taiwan, banning them from imports and exports related to China in its latest sanctions against the US companies. The measures come amid heightened tensions after theContinue Reading
TOKYO: Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the war in Ukraine, potentially affecting Japan’s energy imports such as liquefied natural gas (LNG), the Nikkei newspaper said on Saturday (Dec 24). Tokio Marine & Nichido Fire Insurance Co, Sompo Japan InsuranceContinue Reading
WASHINGTON: China’s ambassador to the United States thanked Elon Musk for proposing a special administration zone for Taiwan, while Taiwan’s de facto ambassador to Washington reprimanded the billionaire saying its “freedom and democracy are not for sale”. “Taiwan sells many products, but our freedom and democracy are not for sale,”Continue Reading
BEIJING: China will impose sanctions on the CEOs of Boeing Defence and Raytheon over their involvement in Washington’s latest arms sales to Taiwan, a foreign ministry spokesperson said on Friday (Sep 16). The sanctions on Boeing Defence, Space, and Security CEO Ted Colbert and Raytheon Technologies boss Gregory Hayes areContinue Reading
BEIJING: China firmly opposes trade talks between the United States and Taiwan and says it will take all necessary measures to firmly safeguard its sovereignty, security and development interests, the commerce ministry said on Thursday (Aug 18). Taiwan and the US have said they will start trade talks under aContinue Reading