China Sanctions Palmer Luckey’s Imaginary Chinese Yacht and Other Ghost Assets
KEY POINTS
- •On December 6, 2025, China sanctioned 20 American defense firms and 10 executives, including Anduril's Palmer Luckey.
- •The move responded to an $11 billion US arms package to Taiwan featuring Howitzers and HIMARS rockets.
- •China vowed asset freezes, business bans, and visa denials tied to those involved in the Taiwan arms deals.
On December 6, 2025, China unleashed its wrath by sanctioning 20 US defense companies including Boeing's St. Louis branch and Northrop Grumman, plus turbo-VC-backed Anduril’s founder Palmer Luckey for selling arms to Taiwan. Beijing promised to freeze all their Chinese assets—a curious punishment since Luckey insists he has exactly zero Chinese assets to confiscate, joking on X that this official award means everything. The drama swells after the US announced an $11 billion military package for Taiwan, packed with self-propelled Howitzers and HIMARS rockets, while Chinese officials issued stern warnings about the 'first red line' of Taiwan and possible quarantines that sound suspiciously like the ultimate geopolitical chokehold. Somewhere Xi Jinping is probably prepping a military cosplay of the Coast Guard.
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Congrats, Palmer Luckey: your invisible Chinese yacht just got seized by Beijing in their latest oddball flex against US defense sales to Taiwan.
China just blacklisted Boeing's St. Louis shop and Luckey, apparently targeting assets only a magic 8-ball can see.
When your Chinese assets are so nonexistent, even China sanctions you just to feel involved.
Source: Businessinsider | Published: 12/27/2025 | Author: Nathan Rennolds
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