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Reuters
Reuters
Business

China plans sanctions on CEOs of Boeing Defense, Raytheon over Taiwan sales

China Taiwan Washington D.C.
Flags of U.S. and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration

China will impose sanctions on the chief executives of Boeing Defense and Raytheon over their involvement in Washington's latest arms sales to Taiwan, a foreign ministry spokesperson said on Friday.

The sanctions on Boeing Defense, Space, and Security CEO Ted Colbert and Raytheon Technologies Corp boss Gregory Hayes are in response to the U.S. State Department approval on Sept. 2 of the sale of military equipment to Taiwan.

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