Adding to the list of reasons not to do business in China: protectionism, cronyism, poor IP enforcement, restrictions on foreign media and communication companies, forced technology transfer from foreign firms as a condition of doing business in China, threats to forcibly annex a peaceful neighboring democracy, seizure of territory in the South China Sea and refusal to abide by the findings of an international legal tribunal, mass imprisonment of Uighur men, imprisonment of citizens advocating for human rights and political freedoms, creation of "Black Mirror"-like social monitoring systems ....
However, I do not think creating reciprocal restrictions on Chinese firms doing business in the West is helpful. Chinese companies with operations or staff in other countries will, over time, bring back values and practices that in the future may support the growth of rights in China while eroding the power of the Xi dictatorship.