Beijing bans Chinese companies and individuals from doing business with five American firms following Washington’s approval of US$300 million deal with Taipei to upgrade island’s tactical information system.
China has decided to impose sanctions against the US-based Northrop Grumman and Lockheed Martin defense technology companies over an alleged arms supply to Taiwan, Chinese Foreign Ministry Spokesperson Mao Ning said on Friday.
Trade Minister Don Farrell said he was "extremely confident" China would soon end its tariffs on Australian wine after Beijing ended similar sanctions on barley earlier this week.