China imposes sanctions on three American defense companies over arms sales to Taiwan, coinciding with the inauguration of the island’s new president, citing AFP and Reuters. Specifically, American companies General Atomics Aeronautical Systems, General Dynamics Land Systems, and Boeing Defense, Space & Security are banned from conducting import-export business in China. Top executives of all three companies are prohibited from entering China, their work permits will be revoked, and their guest status and residency applications will not be approved. This is one of the restrictions announced by…