Hong Kong and Taiwan are caught in the crosshairs of a US-China sanctions war

This appeared in The Millennial Source

The US and China are entering a sanctions war, with China using US corporations as its bargaining piece.

Relations between China and the United States have plummeted to their lowest level in decades amid growing accusations of human rights violations committed by the Chinese Communist Party (CCP). The US and China are entering a sanctions war, with China using US corporations as its bargaining piece.

On October 26, Beijing announced it was placing sanctions on US defense contractors — including Boeing Co., Lockheed Martin Corp. and Raytheon Technologies — for supplying weapons to Taiwan. The government placed additional sanctions on some US politicians.

The sanctions come in response to the US State Department’s decision to approve deals with Taiwan that would supply the island nation with US$1.8 billion in arms, including 135 precision land-attack missiles that have the capability of reaching the Chinese mainland.

The CCP claims that Taiwan, which has officially been separate from mainland China since 1949, remains governed by China and has threatened to seize the sovereign region.