Asia, Arms Sale | featured news

U.S. sales of warplanes, anti-missile systems and other costly weapons to China's and North Korea's neighbors appear set for significant growth amid regional security jitters.

The United States announced new sanctions against North Korea on Wednesday including on the purchase and sale of arms and an asset freeze on individuals.

The Chinese government Saturday announced a series of harsh retaliatory measures in protest of the Pentagon's $6-billion arms sale to Taiwan, including a suspension of security exchanges and threatened sanctions on U.S. companies selling to Taiwan.

The move is sure to enrage China and could possibly complicate the Obama administration’s push to get Beijing’s cooperation on Iran.