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Global Trade Alert

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China: Government announces "countermeasures" against three Lockheed Martin business units

Description

On 21 June 2024, the Chinese Ministry of Foreign Affairs adopted "countermeasures" against three business units of US defence company Lockheed Martin in response to US arms sales to Taiwan. The Chines...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

21 Jun 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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