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Beijing urged the US to cease ‘dangerous’ efforts to arm the island, which it claims as its own.

China has sanctioned a group of United States defence companies and senior executives over weapons sales to Taiwan, the latest move against Washington’s support for the self-governed island that Beijing claims as its own.

China’s Ministry of Foreign Affairs announced the measures on Friday, targeting 20 US defence firms and 10 individuals. It said the sanctions are retaliation for the US’s newly announced $11.1bn weapons package for Taiwan, one of its largest ever for the territory.

“Any provocative actions that cross the line on the Taiwan issue ‌will be met with a strong ⁠response from China,” said a statement from the ministry, urging the US to cease “dangerous” efforts to arm the island.

The sanctioned companies include Boeing’s St Louis branch, Northrop Grumman Systems Corporation, L3Harris Maritime Services and Lazarus AI.

The measures freeze these companies’ assets in China and bar domestic organisations and individuals from working with them, according to the ministry. They also seize the China-held assets of sanctioned individuals and ban them from entering China.

Targeted individuals include the founder of defence firm Anduril Industries and nine senior executives from the sanctioned firms. The measures take effect on December 26.

The US is bound by law to provide Taiwan, which rejects Beijing’s claim to the territory, with the means to defend itself. But US arms sales to the island have deepened tensions with China.

The latest US weapons deal with Taiwan, announced by President Donald Trump on December 17, includes the proposed sale of 82 High Mobility Artillery Rocket Systems, or HIMARS, and 420 Army Tactical Missile Systems, or ATACMS – worth more than $4bn.

The defence systems are similar to what the US had been providing Ukraine to defend against Russian aerial attacks.

The deal also includes 60 self-propelled howitzer artillery systems and related equipment worth more than $4bn and drones valued at more than $1bn.

Taiwan’s Ministry of National Defence praised the US for assisting Taiwan “in maintaining sufficient self-defence capabilities and in rapidly building strong deterrent power”.

Dec. 19 (UPI) — Sales of previously owned homes rose 0.5% in November from October, reflecting a slowdown, due to high mortgage rates, high prices and less supply.

Home sales were 1% lower than November 2024, according to the National Association of Realtors. Sales came in at an annualized rate of 4.13 million units.

The numbers are based on closings, so contracts may have been signed in the preceding months when rates dipped slightly.

Supply fell in November after rising most of the year. The association said there were 1.43 million homes for sale at the end of the month, which is down 5.9% from October, but up 7.5 percent year-over-year.

That’s a 4.2-month supply. A six-month supply is considered balanced between buyer and seller.

The average 30-year fixed-rate mortgage rate was 6.24%, down from 6.25% in October and 6.81% from a year ago, showing slow change in rates.

The median existing-home price for all housing types was $409,200, up 1.2% from a year ago.

The median time on the market for properties was 36 days, up from 34 days last month and 32 in November 2024.

“Existing-home sales increased for the third straight month due to lower mortgage rates this autumn,” said the Association of Realtors’ Chief Economist Lawrence Yun in a statement. “However, inventory growth is beginning to stall. With distressed property sales at historic lows and housing wealth at an all-time high, homeowners are in no rush to list their properties during the winter months.”

Month-over-month sales increased in the Northeast and South, showed no change in the West, and fell in the Midwest. Year-over-year sales showed no change in the Northeast and South, and decreased in the Midwest and West.

“Wage growth is outpacing home price gains, which improves housing affordability. Still, future affordability could be hampered if housing supply fails to keep pace with demand,” Yun said. “As has been the case throughout the year, single-family home sales outperformed condominium sales in November. The typical price of a sold condo was 13.5% lower than the typical price of a single-family home. However, the purchase price does not include the condominium association fees, which are rising and making these purchases more expensive.”

Huge US arms package for Taiwan includes HIMARS rocket systems, howitzer artillery, antitank missiles, and drones.

The United States has approved $11.1bn in arms sales to Taiwan, one of Washington’s largest-ever weapons packages for the self-ruled island, which Beijing has promised to unify with mainland China.

The US State Department announced the deal late on Wednesday during a nationally televised address by President Donald Trump.

Weapons in the proposed sale include 82 High Mobility Artillery Rocket Systems, or HIMARS, and 420 Army Tactical Missile Systems, or ATACMS – worth more than $4bn – defence systems that are similar to what the US had been providing Ukraine to defend against Russian aerial attacks.

The deal also includes 60 self-propelled howitzer artillery systems and related equipment worth more than $4bn and drones valued at more than $1bn.

Other sales in the package include military software valued at more than $1bn, Javelin and TOW missiles worth more than $700m, helicopter spare parts worth $96m and refurbishment kits for Harpoon missiles worth $91m.

In a series of separate statements announcing details of the weapons deal, the Pentagon said the sales served US national, economic and security interests by supporting Taiwan’s continuing efforts to modernise its armed forces and to maintain a “credible defensive capability”.

Taiwan’s defence ministry and presidential office welcomed the news while China’s foreign ministry did not immediately respond to a request for comment from the Reuters news agency.

Washington’s huge sale of arms to Taiwan will likely infuriate China, which claims Taiwan is part of its territory and has threatened to use force to bring it under its control.

“The United States continues to assist Taiwan in maintaining sufficient self-defence capabilities and in rapidly building strong deterrent power,” Taiwan’s defence ministry said in a statement.

Taiwan presidential office spokesperson Karen Kuo said Taiwan would continue to reform its defence sector and “strengthen whole-of-society defence resilience” to “demonstrate our determination to defend ourselves, and safeguard peace through strength”.

China’s Taiwan Affairs Office said on Wednesday that it opposed efforts by the US Congress to pass bills “related to Taiwan and firmly opposes any form of military contact between the US and Taiwan”.

“We urge the US to abide by the one China principle and the provisions of the three Sino-US joint communiques : Stop ‘arming Taiwan’, stop reviewing relevant bills, and stop interfering in China’s internal affairs,” the office’s spokesperson Zhu Fenglian said in a statement.

Zhu said Taiwan’s political leaders were pursuing “independence”, and were “willing to let external forces turn the island into a ‘war porcupine’,” which could result in the population becoming “cannon fodder” and “slaughtered at will, which is despicable”.

Taiwan’s President William Lai Ching-te last month announced a $40bn supplementary defence budget, to run from 2026 to 2033, saying there was “no room for compromise on national security”.