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China threatens sanctions on US firms linked to Taiwan warplanes sale

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China threatens sanctions on US firms linked to Taiwan warplanes saleChina on Wednesday blasted a huge planned US arms shipment to self-ruled Taiwan and threatened to sanction firms involved in the sale of F-16 fighter jets. The US State Department on Tuesday approved the transfer of 66 Lockheed Martin-built F-16 fighter jets to Taiwan in a US$8 billion deal, following another huge military hardware sale agreed just last month. “China will take all necessary measures to safeguard our interests including imposing sanctions on the US companies participating in this arms sale to Taiwan,” foreign ministry spokesman Geng Shuang told a news briefing.

Source: yahoo.com/news