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BEIJING (AP) — China on Thursday imposed commerce and funding sanctions on U.S. navy contractors Lockheed Martin and Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Social gathering as a part of its territory.

The businesses are barred from importing items into China or making new investments within the nation, the Ministry of Commerce introduced.

It wasn’t clear what affect the penalties might need on Lockheed Martin or Raytheon. America bars most gross sales of weapons-related know-how to China, however some navy contractors even have civilian companies in aerospace and different markets.

Taiwan and China cut up in 1949 after a civil warfare. The island by no means has been a part of the Folks’s Republic of China, however the Communist Social gathering says it’s obliged to unite with the mainland, by pressure if vital.

President Xi Jinping’s authorities has stepped up efforts to intimidate Taiwan by flying fighter jets and bombers close to the island and firing missiles into the ocean.

By Maggi

"Greetings! I am a media graduate with a diverse background in the news industry. From working as a reporter to producing content, I have a well-rounded understanding of the field and a drive to stay at the forefront of the industry." When I'm not writing content, I'm Playing and enjoying with my Kids.

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