- China announced sanctions on 10 U.S. military-related firms (notably drone, aerospace and rare-earth companies), blocking exports of “dual-use” items in a tit-for-tat response to recent U.S. restrictions on Chinese tech firms.
- Beijing also barred government purchases from 46 American companies, including units of Lockheed Martin, Raytheon and General Dynamics.
- The moves follow the U.S. adding Chinese tech names like Alibaba and Baidu to a military-linked list—an escalation in trade and security tensions that’s affecting big-name firms on both sides.
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