China to impose sanctions on U.S. firms over weapon sales to Taiwan

China's Foreign Ministry pledged Friday to impose sanctions on American firms to counter the recent U.S. approval to sell weapons to Taiwan."We will impose sanctions on U.S. companies that are related to weapon sales in order to safeguard national interests," the ministry said in a statement.On Thursday, Defense Ministry spokesman Wu Qian said the U.S. move "will threaten development of militaries of both counties and damage peace and stability in the Taiwan Strait," urging Washington to withdraw its plan.The U.S. State Department has approved a planned sale of weapons, including tanks and …READ FULL ARTICLE