China sanctions 5 U.S. defence companies in response to U.S. sanctions and arms sales to Taiwan

News Snapshot:

Open this photo in gallery: A Switchblade 600 loitering missile drone manufactured by AeroVironment is displayed at the Eurosatory arms show in Villepinte, north of Paris, on June 14, 2022.Michel Euler/The Associated Press China announced sanctions Sunday on five American defence-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals. The sanctions will freeze any property the companies have in China and prohibit organizations and individuals in China from doing business with them, the Foreign Ministry said in a statement posted online. It was unclear what impact, if any, the sanctions would...