Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

China vows ‘countermeasures’ after $2 billion US arms sale to Taiwan

by
October 27, 2024
in Stock
0
China vows ‘countermeasures’ after $2 billion US arms sale to Taiwan

BEIJING (Reuters) – China will take “countermeasures” to defend its sovereignty and territorial integrity, the government said, lambasting a $2 billion arms sale package by the United States to Taiwan.

The United States is bound by law to provide Chinese-claimed Taiwan with the means to defend itself despite the lack of formal diplomatic ties, to the constant anger of Beijing.

On Friday, the Pentagon said the United States had approved a potential $2 billion arms sale package to Taiwan, including the delivery for the first time to the island of an advanced air defence missile system battle-tested in Ukraine.

In a statement late Saturday, China’s foreign ministry said it strongly condemns and firmly opposes the sales and has lodged “solemn representations” with the United States.

China urges the United States to immediately stop arming Taiwan and stop its dangerous moves that undermine peace and stability in the Taiwan Strait, it added.

“China will take resolute countermeasures and take all measures necessary to firmly defend national sovereignty, security and territorial integrity,” the ministry said, without elaborating.

China has over the past five years stepped up its military activities around democratically governed Taiwan, whose government rejects Beijing’s sovereignty claims, including staging a new round of war games earlier this month.

Taiwan’s government has welcomed the new arms sale, the 17th of the Biden administration to the island.

“In the face of China’s threats, Taiwan is duty-bound to protect its homeland, and will continue to demonstrate its determination to defend itself,” Taiwan’s foreign ministry said, responding to the arms sale.

This post appeared first on investing.com
Previous Post

5 big analyst AI moves: Apple downgraded; Microsoft pullback an opportunity

Next Post

Google to develop AI that takes over computers, The Information reports

Next Post
Google to develop AI that takes over computers, The Information reports

Google to develop AI that takes over computers, The Information reports

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators

    ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators

    January 23, 2025
    ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda

    ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda

    January 23, 2025
    Cisco Systems’ Stock Keeps Hitting All-Time Highs: Investment Tips to Maximize Your Success

    Cisco Systems’ Stock Keeps Hitting All-Time Highs: Investment Tips to Maximize Your Success

    January 23, 2025
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators
    • ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2025 proudforprofits.com | All Rights Reserved