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China sanctions Lockheed, Raytheon after vowing to retaliate against US restrictions

Hong Kong CNN  —  China has imposed sanctions on two American defense manufacturers over arms sales to Taiwan, a day after Beijing pledged to take “countermeasures” in response to Washington’s handling of a suspected Chinese surveillance balloon that entered American airspace and was shot down by US forces earlier this month. Lockheed (LMT) Martin Corporation […]

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