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Global Trade Alert

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China: Government announces sanctions on two US defence industry companies

Description

On 15 September 2023, the Chinese Ministry of Foreign Affairs announced adopting sanctions on two US defence companies. The targeted companies are Lockheed Martin Corporation for participating "in the...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

15 Sep 2023

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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