ABC Money
Home

China demands US cancel planned missile sale to Taiwan - UPDATE 2


Published :
Fri, 02 Mar 2007 13:07
By : Agencies
Print this Story


AddThis Social Bookmark Button

BEIJING (XFN-ASIA) - China demanded the United States scrap a planned sale of hundreds of missiles to Taiwan, warning the deal would harm regional stability and bilateral ties.

'We solemnly demand the leader of the United States ... immediately cancel this weapons sale (and) avoid harming the peace and stability of the Taiwan Straits and Sino-US relations,' foreign ministry spokesman Qin Gang said.

'The Chinese side expresses its strong dissatisfaction and resolute opposition to this. We have raised solemn representations with the US side.'

The US Department of Defense this week notified Congress that it plans to sell Taiwan 421 mln usd worth of missiles, which would help boost the island's defenses against mainland China.

'The proposed sale will help improve the security of the recipient and assist in maintaining political stability, military balance, and economic progress in the region,' the US Defense Security Cooperation Agency said.

Acquisition of 218 Advanced Medium Range air-to-air missiles and 235 Maverick missiles would help Taiwan 'modernize its armed forces and enhance its defense ability to counter air and ground threats,' it said.

Qin said the sale would violate US commitments to a 'one-China policy,' which maintains that there is only one China, with Beijing as its capital.

By selling weapons to Taiwan, Washington would also be violating its promise to gradually reduce sales to the island territory, he said.

China considers Taiwan a part of its territory to be reunified by force if necessary.

The US is committed to providing Taiwan with defensive weaponry in accordance with the Taiwan Relations Act, a US law passed when it switched its political recognition from Taipei to Beijing in 1979.

afp




Share on


 You Might Like
China demands US cancel planned missile sale to Taiwan - UPDATE
Taipei expresses alarm over China's nearly 1,000 missiles aimed at Taiwan
+
Taiwan asks US to use security law as model for free trade pact - report
Taiwan, China progress on talks over flights, tourists but no deal yet - Taiwan

Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 
 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
10340.69
-107.24 ( -1.03 %)
NASDAQ
2792.28
22.57 ( 0.81 %)
FTSE 100
5741.15
38.78 ( 0.68 %)

SYMBOL ( 2012-01-19 )
LAST
CHANGE
STANDARD CHARTERED ( 11:35am )
1559.00
70.00 ( 4.76 %)
WOLSELEY PLC ( 11:35am )
2250.00
70.00 ( 3.20 %)
CARNIVAL ( 11:35am )
2017.00
46.00 ( 2.42 %)
LAND SECURITIES GROUP ( 11:35am )
679.50
36.50 ( 5.63 %)
WHITBREAD ( 11:35am )
1662.99
33.99 ( 2.09 %)

SYMBOL ( 2012-01-19 )
LAST
CHANGE
3M COMPANY ( 12:34pm )
85.78
0.71 ( 0.83 %)
BOEING CO ( 12:34pm )
75.70
0.64 ( 0.85 %)
JP MORGAN CHASE CO ( 12:34pm )
37.03
0.49 ( 1.33 %)
WAL MART STORES ( 12:34pm )
60.44
0.43 ( 0.72 %)
IBM ( 12:34pm )
181.50
0.43 ( 0.24 %)

SYMBOL ( 2012-01-19 )
LAST
CHANGE
F5 NETWORKS INC ( 12:11pm )
122.38
13.92 ( 11.80 %)
ICO GLOBAL COMM CL A ( 8:01pm )
99999999.99
9.37 ( 366.02 %)
PRICELINECOM INC ( 12:23pm )
525.40
6.57 ( 1.26 %)
AMAZONCOM INC ( 12:04pm )
195.65
6.21 ( 3.25 %)
MILLICOM INTERNATIONAL CELLULAR SA ( 4:00pm )
110.18
4.82 ( 4.43 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!


 Finance Explained

Money making ideas

Save money

Money management
Savings accounts
Investing money
Share dealing
Stock broker
Forex currency trading
Pension plans
Functions of Money

(c) 2007 ABCmoney.co.uk, All Rights Reserved
*ABCMoney.co.uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.