China will ban new investments from some companies based in the United States, as well as their import and export operations associated with the nation, including selling weapons to Taiwan.

The commerce ministry said on Monday, May 20, these actions are being taken to protect the interests of China in terms of national sovereignty, security, and development. 

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China Includes Several New US Firms on Unreliable Entities List

In a report by Reuters, a statement said that the ministry placed General Atomics Aeronautical Systems on its list of untrustworthy entities due to the company's alleged armaments sales to Taiwan. The list includes General Dynamics Land Systems, Boeing Defense, Space & Security.

According to local media site Xinhua, the ministry said that the senior executives of the three businesses in question would no longer be allowed entry to China, have their work permits withdrawn, their visitor and residence status canceled, and any related applications they submit rejected.

The government also found evidence that the plastic product manufacturer Caplugs of the United States transferred Chinese goods to untrustworthy businesses to bypass the list rules. Caplugs are urged to take immediate action to prevent the transfer of all relevant goods, technologies, and services purchased from China to unreliable entities.

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