In Taiwan, the US company withdrew the official sanctions for “weapon sales”.

China removes sanctions on US company Viasat for supplying arms to Taiwan,
,
, ‘By Park Se-hee, Beijing correspondent at [email protected]’,
,
, ‘China has lifted sanctions on the US telecommunications company Viasat, citing the supply of arms to Taiwan as the reason. This marks the first time that China has publicly announced the lifting of sanctions against a company involved in arms sales to Taiwan.’,
,
, ‘Foreign Ministry spokesperson Mao Ning announced in a routine briefing on the afternoon of the 22nd that China had decided to cancel the sanctions imposed on Viasat. He briefly explained the reason, stating that they considered changes in the circumstances that formed the basis for the measures taken in accordance with anti-foreign sanctions laws and other relevant laws.’,
,
, ‘In January, China criticized the sale of arms to Taiwan and announced sanctions against five defense companies, including BAE Systems, Alliant Techsystems, AeroVironment, and Data Link Solutions, in addition to Viasat. At that time, the measures were seen as retaliatory actions in response to the US approving the sale of $300 million (approximately 416.2 billion Korean won) worth of communication and defense-related equipment to Taiwan in December of last year.’,
,
, ‘Central News Agency of Taiwan reported that China’s official declaration of lifting sanctions on companies involved in arms sales to Taiwan is unprecedented. It is analyzed that the background to this exceptional move includes an intention to improve the business environment for foreign companies operating in China amidst economic downturn. Facing difficulties in attracting foreign investments, China has repeatedly expressed its intention to increase support for foreign companies. Viasat operates multiple subsidiaries in China and has also signed agreements with Sichuan Airlines for in-flight satellite services.’,
,
, ‘On the same day, Chinese media extensively reported that US corporate executives visited China to hear firsthand the outcome of the 3rd Plenary Session of the 20th Central Committee of the Communist Party of China, which concluded on the 18th. According to the reports, executives such as Craig Allen, Chairman of the US-China Business Council, Jeff Williams, COO of Apple, Brendan Nelson, Vice President of Boeing, and Sanjay Mehrotra, CEO of Micron, met with Chinese officials at the Great Hall of the People in Beijing to discuss economic cooperation.’