Raytheon, Lockheed executives banned from China
Tweet
Share
E-mail
FILE PHOTO: Chinese and U.S. flags flutter outside a company building in Shanghai, China April 14, 2021. REUTERS/Aly Song
BEIJING (Reuters) - China has banned senior executives of Raytheon Missiles & Defense and Lockheed Martin Corp from entering, working, staying and residing in the country since Feb. 16, the Ministry of Commerce said on Tuesday.
Raytheon and Lockheed Martin have been involved in arms sales to Taiwan for a long time, the ministry said.
China banned the two U.S. firms from carrying out import and export activities with Chinese enterprises in a bid to prevent Chinese products from being used in their military businesses.
Raytheon Missiles & Defense is a unit of Raytheon Technologies Corp.
(Reporting by Hong Kong newsroom; editing by Jonathan Oatis)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- RTX Reports Q2 2026 Results
- Iran War Has Cost US $37.5b, Defense Secretary Hegseth Says
- US judge to weigh New York Times subpoenas over Trump plane reporting
Create E-mail Alert Related Categories
Politics, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
