The sanctions entail freezing the companies' assets in China and banning individuals and organizations from dealing with them, according to the Chinese foreign ministry.

China announced largely symbolic sanctions against 20 US defense companies and 10 executives, signaling its anger over Washington’s latest arms sales to Taiwan while stopping short of a broader escalation.

China has announced new sanctions on 20 United States defence companies after Washington approved a major arms sale to Taiwan. The move highlights continuing tensions between China and the U.S. over Taiwan,

China’s Ministry of Foreign Affairs announced the measures on Friday, targeting 20 US defence firms and 10 individuals. It said the sanctions are retaliation for the US’s newly announced $11.1bn weapons package for Taiwan, one of its largest ever for the territory.

China on Friday announced sanctions against U.S. companies in the arms industry after the United States revealed arms sales to Taiwan.

SEOUL (Reuters) -China's sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean are seen as a warning gesture without immediate impact, and Beijing is unlikely to gain much by expanding them, analysts said on Wednesday.

China on December 27 announced sanctions on 20 U.S. defense companies and 10 senior executives, including Palmer Luckey of Anduril Industries, following the Trump administration’s approval of an $11.1 billion arms package for Taiwan.

China has announced sanctions against US companies and individuals in response to Washington's announcement of massive arms sales to Taiwan.

Trump administration had announced 8 new arms packages for Taiwan worth over $11B, in record sale - Anadolu Ajansı