Business

China Threatens U.S. Sanctions Over Taiwan Arms Sale

Sydney Morning Herald
China will erect trade sanctions against Boeing and other large US companies unless the US 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.
Click Here For The Full Story......

Posted by Editor at February 4, 2010 03:31 AM