07:23 AM EDT, 05/20/2024 (MT Newswires) -- Boeing ( BA ) and General Dynamics ( GD ) have been added by China's Ministry of Commerce to its so-called "unreliable entity list" for selling arms to Taiwan, several media outlets reported Monday.

Boeing's ( BA ) Defense, Space & Security unit, General Atomics Aeronautical Systems, and General Dynamics Land Systems are forbidden from further investing in China, reports said.

Senior executives of the three companies will be prohibited from entering the country and their work permits, visitor and residential status will be revoked, according to the reports.

Boeing ( BA ) and General Dynamics ( GD ) did not immediately respond to MT Newswires' request for comment.

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