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Tuesday, July 14, 2020

China has imposed sanction against Lockheed Martin.

https://www.ft.com/content/b79821fb-eb99-4418-8cd3-e7df0c42b5fa

This is just a symbolic gesture with no real bite.  It will be a different thing if China imposes sanctions against companies dealing with Lockheed Martin.  China has to follow what the US is doing to Huawei to strike hard at US firms.

If China does that, then the suppliers have to decide to deal with Lockheed Martin or to give up the whole China market.  The choice is very obvious as Lockheed Martine is just a small customer compared to the whole China market.

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