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China sanctions Lockheed Martin

China imposed trade and investment sanctions on Lockheed Martin and a unit of Raytheon on Thursday, saying the step was because of them supplying weapons to Taiwan. The companies will be banned from importing goods into China and investing in China. Their senior management personnel would not be permitted entry to China. Senior management personnel already in China would lose their work permit or stay or residence qualifications. Lockheed Martin and Raytheon Missiles and Defense, part of the broader Raytheon Technologies Corp., were added to the “unreliable entry” list of companies whose activities are restricted because they might endanger national sovereignty, security or development interests. What is your take on this sanctions ?

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