Poly Technologies, a subsidiary of the state-owned China Poly Group Corp., deals in missiles and other military hardware, the Economic Times said Monday.
The United States set sanctions against the company in accordance with U.S. law without specifying what triggered them. Concerns have existed for some time that Chinese missiles could be sold to countries where the U.N. Security Council has banned such weapons, the Economic Times said.
Chinese officials immediately called the sanctions unfair and said they should be lifted.
"China is strongly dissatisfied with and firmly opposed to the act, and it has lodged a solemn representation to the U.S. side," spokesperson Hua Chunying said in a statement to Xinhua News Agency. "We urge the United States to immediately correct the wrongdoing, lift the groundless sanctions on this company and its individuals, and stop actions that will hurt China's interests and Sino-U.S. relations."
A Poly Technologies statement echoed China's official response.
"We have never helped any countries or regions develop any banned weapons, nor have we exported or promised to export weapons or technologies to any countries or regions that are under United Nations Security Council resolutions sanctions," the firm said.