China's defense ministry warned Wednesday that the Obama administration's proposed $5.85 billion arms deal with Taiwan could seriously disrupt U.S.-China strategic ties. "In light of the serious damage resulting from the U.S. arms sale to Taiwan, planned China-U.S. military exchanges, including high-level visits and joint exercises, will definitely be impacted," said Defense Ministry spokesman Geng Yansheng, China's state-owned Xinhau news agency reported. The proposed sale includes $5.3 billion to retrofit 145 of Taiwan's F-16A/B jets, giving them new radars, capable...