China on Friday announced sanctions against 20 U.S. defense-related companies and 10 executives, following Washington’s announcement of a large-scale arms sale to Taiwan valued at over $10 billion. According to the Chinese Foreign Ministry, the sanctions include freezing the assets of the companies in China and banning Chinese organizations and individuals from conducting business with … The post Beijing imposes sanctions on U.S. defense firms and executives over Taiwan arms sales appeared first on Times Kuwait .