The routine retaliation, which targeted 20 companies and 10 executives, followed the approval of a $11.1 billion U.S. arms sales package to Taiwan.
Beijing imposed new sanctions on American defense companies and executives Dec. 26 after the United States green-lit the largest weapons package for Taiwan.
In a statement, the regime’s Foreign Ministry said its sanctions against 20 U.S. companies and 10 defense executives mean their assets in China will be frozen, and all organizations and individuals within China will be banned from “engaging in transaction, cooperation, and other activities with them.”
The executives won’t be able to obtain visas to enter China, including Hong Kong and Macao, the statement said.
The ministry blamed the $11.1 billion U.S. arms sales package approved earlier this month.
The Chinese Communist Party (CCP) has never ruled Taiwan, but it has said it aims to absorb the island and has not ruled out doing so by force. The regime claims its treaties with diplomatic partners underpinned its “One China Principle,” which claims that the communist regime is the only legitimate government on both sides of the Taiwan Strait, while countries including the United States and Japan only acknowledge the CCP’s stance without endorsing it.
Some of the companies targeted on Dec. 26 were already sanctioned previously, as the CCP routinely retaliates with sanctions over U.S. arms deals with Taiwan.
Those targeted include Palmer Luckey, the founder of Anduril Industries, which was already sanctioned by the Chinese regime, and the company’s subsidiaries, Area-I, Blue Force Technologies, and Dive Technologies.
In a statement on X, Luckey described the sanction as his “final Christmas gift” and wrote an acceptance speech for it.
“I want to thank my family, my team, and my Lord Jesus Christ for this award. Anduril has been sanctioned for a while now, as have many of my peers, but it means so much to finally have my non-existent Chinese assets seized and repurposed. The sanctions also prohibit all Chinese nationals from engaging with me in any way, which should really clear up my social media feeds,” he said.
The post also featured what appears to be an artificial intelligence-generated image of a trophy in the shape of Winnie-the-Pooh, the cartoon bear whose name became a nickname for Chinese leader Xi Jinping.
Others targeted include Advanced Acoustic Concepts and President Michael J. Carnovale, Boeing, Dedrone and CEO Aaditya Devarakonda, Epirus, Gibbs & Cox, High Point Aerotechnologies and President Ann Wood, IntelliEPI, L3Harris and Vice President John Cantillon, Lazarus Enterprises, Northrop Grumman, ReconCraft and Founder and CEO Anshuman Roy, Sierra Technical Services, Teal Drones and President Mitch McDonald, Vantor and CEO Dan Smoot, and VSE Corporation and CEO and President John A. Cuomo.
A Boeing spokesperson declined to comment.
The Epoch Times reached out to the other companies sanctioned or their parent companies and did not receive a response by the time of publication.
By Lily Zhou
