By Maya Lester KC & Michael O’Kane

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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