{"id":47223,"date":"2019-07-15T13:07:10","date_gmt":"2019-07-15T18:07:10","guid":{"rendered":"https:\/\/olduvai.ca\/?p=47223"},"modified":"2019-07-15T13:07:16","modified_gmt":"2019-07-15T18:07:16","slug":"china-sends-a-message-holds-military-drills-off-taiwan-will-sanction-us-defense-firms","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=47223","title":{"rendered":"China Sends A Message: Holds Military Drills Off Taiwan, Will Sanction US Defense Firms"},"content":{"rendered":"\n

China Sends A Message: Holds Military Drills Off Taiwan, Will Sanction US Defense Firms<\/a><\/h3>\n\n\n\n

Following last week’s State Department approval of the sale of $2.2 billion in arms to Taiwan, China’s Foreign Ministry confirmed Monday that it will follow through on threats first made days ago to impose sanctions on American companies selling arms to Taiwan<\/strong>.<\/p>\n\n\n\n

Crucially this\u00a0confirmation<\/a>\u00a0came simultaneous to\u00a0provocative new\u00a0military exercises off China’s southeast coast, near Taiwan<\/strong>, which involved the People’s Liberation Army (PLA) navy and air force. Downplaying the maneuvers, the PLA described the drills\u00a0as\u00a0“a routine arrangement according to (our) annual plans.”<\/p>\n\n\n\n

\"\"\/
The PLA conducted a new round of provocative military exercises in the Taiwan Strait. Image source: Chinamil.com.cn via SCMP<\/em><\/figcaption><\/figure>\n\n\n\n

\u201cChina\u2019s government and Chinese companies will not cooperate or have commercial contacts with these U.S. companies,\u201d Chinese Foreign Ministry spokesman Geng Shuang told a daily news briefing. He was responding to\u00a0potential\u00a0US sales\u00a0to Taiwan of\u00a0M1A2T Abrams tanks, Stinger missiles and related equipment at an estimated value of $US2.2 billion<\/strong>,\u00a0despite longtime vocal Chinese criticism and threats.<\/p>\n\n\n\n

\u201cI can\u2019t reveal the details at the moment. But believe this – Chinese people always stress standing by their word,\u201d the foreign minister added. Though few details have been revealed, a handful of American defense companies have been named among the first targets of Beijing’s promised impending sanctions, including General Dynamics, Raytheon co., Honeywell, Oshkosh Corp., and the Pensylvania operations of BAE Systems<\/strong>. <\/p>\n\n\n\n

As Reuters <\/em>reports<\/a>:<\/p>\n\n\n\n

On Sunday, the ruling Communist Party\u2019s official People\u2019s Daily posted an article on its WeChat account identifying U.S. companies that could be vulnerable to sanctions.<\/p>

They included Honeywell International Inc (HON.N<\/a>), which makes the engines for the Abrams tanks, and private jets maker Gulfstream Aerospace, which is owned by General Dynamics<\/strong>. China is an important market for both Honeywell and Gulfstream.<\/p><\/blockquote>\n\n\n\n

\u00a0\u2026click on the above link to read the rest of the article\u2026<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

China Sends A Message: Holds Military Drills Off Taiwan, Will Sanction US Defense Firms Following last week’s State Department approval of the sale of $2.2 billion in arms to Taiwan, China’s Foreign Ministry confirmed Monday that it will follow through on threats first made days ago to impose sanctions on American companies selling arms to Taiwan. Crucially this\u00a0confirmation\u00a0came […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[9790,1442,26263,4318],"class_list":["post-47223","post","type-post","status-publish","format-standard","hentry","category-geopolitics","tag-pla","tag-taiwan","tag-us-defense-firms","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47223"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47223\/revisions"}],"predecessor-version":[{"id":47224,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47223\/revisions\/47224"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}