• Che's Motorcycle@lemmygrad.ml
    ·
    2 hours ago

    I was hoping the moves would be against bigger fish like Lockheed Martin or Boeing, but this is a start.

    Pursuant to Articles 3, 4, 6, 9 and 15 of China's Anti-Foreign Sanctions Law, China decided to take the following countermeasures against Sierra Nevada Corporation, Stick Rudder Enterprises LLC, Cubic Corporation, S3 AeroDefense, TCOM, Limited Partnership, TextOre, Planate Management Group, ACT1 Federal and Exovera:

    Their movable, immovable and all other types of property in China will be frozen.

    Organizations and individuals in China will be prohibited from engaging in transactions, cooperation or other activities with the above-mentioned enterprises.

    The decision will become effective from Sept 18, 2024.