Lockheed Martin, the world’s largest military contractor, is the first American company that the Chinese government has targeted for punishment during the Trump administration. Photo: ReutersLockheed Martin, the world’s largest military contractor, is the first American company that the Chinese government has targeted for punishment during the Trump administration. Photo: Reuters
Lockheed Martin, the world’s largest military contractor, is the first American company that the Chinese government has targeted for punishment during the Trump administration. Photo: Reuters

China’s Lockheed Martin sanctions reveal limited options in fighting economic war with US

  • Because China needs investment inflows from the United States, Beijing must be careful about sanctioning American firms
  • Boeing was sanctioned in 2010 for arms sales to Taiwan but continued to do strong business selling planes and parts to China’s commercial airlines
Topic |   China economy
Lockheed Martin, the world’s largest military contractor, is the first American company that the Chinese government has targeted for punishment during the Trump administration. Photo: ReutersLockheed Martin, the world’s largest military contractor, is the first American company that the Chinese government has targeted for punishment during the Trump administration. Photo: Reuters
Lockheed Martin, the world’s largest military contractor, is the first American company that the Chinese government has targeted for punishment during the Trump administration. Photo: Reuters
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