While Xinjiang cotton has been at the center of global concerns about Uyghur forced labor and has been one of the major targets of the U.S. federal law “Uyghur Forced Labor Prevention Act,” China has never decreased its efforts to increase profits from the cotton and its propaganda about “Xinjiang […]
Chinese Economy
Chinese Economy
The Chinese propaganda outlet Global Times reported that China’s Ministries of Commerce and Science and Technology have released a catalog titled “Export Prohibited and Restricted Technologies.” China’s trade ministry announced that “In accordance with the “Foreign Trade Law of the People’s Republic of China” and the “Technology Import and Export […]
Key Takeaways: Rome, Italy – December 7, 2023 – Italy, the only G7 nation to have participated in China’s Belt and Road Initiative (BRI), has announced its withdrawal from the global infrastructure program. This decision, effective March 2024, reflects a hardening stance towards China among European nations. Prime Minister Giorgia […]
China has appointed economist Pan Gongsheng, who studied at Cambridge University and Harvard University, as the new Communist Party chief at the People’s Bank of China (PBOC). This unexpected move comes as Beijing aims to address the country’s economic slowdown and stabilize its currency. Pan, currently serving as the deputy […]
Campaigners have accused Vietnam of laundering cotton from ‘Xinjiang’ to help China bypass the fresh Uyghur Forced Labor Prevention Act, EcoTextile reports on its website. Eventually, the Vietnamese manufacturers sell the items to the US market without disclosing the source.
U.S. Senator Marco Rubio (R-FL), with five other Republican senators, has sent a letter to the Chief Executive Officer of the U.S. International Development Finance Corporation (DFC) Dev Jagadesan. They have inquired whether the (DFC) is inadvertently aiding the Chinese Communist Party’s (CCP) export of solar panels tainted with the forced labor of Uyghurs in Xinjiang.