Boeing Stock Falls After China Hits U.S. Defense Firms with Sanctions
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Boeing stock fell 1% after China sanctioned 20 U.S. defense firms and 10 executives in response to a U.S. arms sale to Taiwan. The sanctions freeze assets and bar business with Chinese entities. Analysts see the measures as symbolic, with limited impact on companies' operations. The U.S. announced an $11.1 billion weapons package for Taiwan, which China condemned.
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