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China Threatens U.S. Sanctions

Sydney Morning Herald:
China will erect trade sanctions against Boeing and other large U.S. companies unless the U.S. Congress blocks the Obama administration's planned $7.2 billion weapons sales program to Taiwan, a senior defence strategist said. Rear Admiral Yang Yi told the Herald yesterday China was prepared to hurt itself in order to teach the administration a lesson. ''We're waiting for the reaction from US Congress and if they don't have a U-turn then the follow-up of sanctions will come soon,'' said Admiral Yang, who previously co-wrote Chinese defence white papers while director of international strategic studies at the National Defence University.

Posted by Editor at February 4, 2010 01:09 AM