China designates Lockheed Martin for Taiwan arms deal

China Foreign Ministry spokesperson, Zhao Lijan, has announced that it is imposing sanctions on Lockheed Martin Corp, the main contractor in a potential $620m deal with Taiwan which was approved by the US last week. The deal would allow Taiwan to buy parts to refurbish its Patriot Advanced Capability-3 missiles. Yesterday (13 July 2020), China also imposed sanctions on 4 …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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