2021Year1At the end of the month, the Trump administration announced a ban on all cotton and tomato products in Xinjiang. U.S. Customs and Border Protection estimated at the time that the United States imported approximately $9 billion of cotton from China in 2020 product. On December 8 local time this year, the U.S. House of Representatives passed the so-called “ span>Uyghur Forced Labor Prevention Act”. Subsequently, the bill was passed by the Senate on December 16th.
Local time December 23 December 23 President Biden officially signed the so-called “ span>The Uyghur Forced Labor Prevention Act means that this bill is officially legislated.The so-called “Forced Labor“ is actually an excuse for the US government to interfere in China’s internal affairs under the pretext of the Xinjiang issue. This move based on lies shows that even if the United States changes its president, We will continue to suppress China by adjusting our strategies.“Uyghur Forced Labor Prevention Act“If implemented, it will mean more than <span China's Xinjiang cotton products worth US$9 billion will be severely affected in 2022. At the same time, the president of the American Textile Council said that due to China's global textile and dominance in apparel production, the U.S. textile industry has long been a victim of China's export practices, citing the need to develop and fully implement a maximum pressure plan to reconfigure textile and apparel sourcing models. China's textile and apparel industry is China's Among the few industries that have a dominant position in the world, The United States’ move is intended to reconfigure the global textile industry. The hollowing out and high unemployment rate in the United States are chronic diseases that are difficult to cure. , the U.S. government is likely to create jobs for Americans through the reshoring of the textile and apparel industry.
Biden signs bill banning imports of Xinjiang products
On Thursday, Eastern Time (12Month23), US President Biden signed the so-called “Uyghur Forced Labor Prevention Act“, to so-called“forced labor ” as an excuse to ban the import of products from Xinjiang, China.
The bill states that the United States will ban the import of products imported from Xinjiang, including products mined, produced or manufactured in whole or in part in Xinjiang. The U.S. government will also“use all available means“ to lead the international community in banning the import of Xinjiang products.
The bill also states that it will focus on prohibiting the import of Xinjiang tomatoes, cotton, polysilicon and other products.
The bill was proposed by Representative Jim·McGovern of Massachusetts (JimMcGovern) and passed by the U.S. Congress After it is signed by the president, it means that the bill officially takes effect.
A spokesman for the Chinese Ministry of Foreign Affairs responded to the matter, saying that the case ignored the truth, maliciously slandered the human rights situation in China’s Xinjiang, seriously violated international law and basic norms of international relations, and grossly interfered in China’s internal affairs. China expressed strong opinions on this Angry and resolutely opposed.
On December 24, the spokesperson of the Ministry of Foreign Affairs commented on the so-called “ Uighur compulsion signed by the United States. Labor Prevention Act” made a statement and pointed out that Xinjiang-related issues are not human rights issues at all, but anti-violent terrorism and anti-separatism issues. China is telling the United States that using Xinjiang-related issues to engage in conspiracy and conspiracy will not stop the people of all ethnic groups in Xinjiang from pursuing a better life, nor will it stop China from growing stronger. The U.S.’s actions completely violate market rules and business ethics. They will only undermine the stability of global industrial and supply chains, disrupt international trade order, and harm the U.S.’s own interests and national credibility. It is simply shooting itself in the foot.
The Ministry of Foreign Affairs once again emphasized that Xinjiang-related affairs are purely China’s internal affairs. The Chinese government and people are unwavering in their determination to safeguard national sovereignty, security and development interests. We urge the US to correct its mistakes immediatelyTransportation plan, etc.
The Indian tax department launched a large-scale investigation into Chinese companies in India
At the same time, India is also creating friction. According to the website of the Chinese Embassy in India on December 23, 2020, The Indian tax department recently launched a large-scale investigation into Chinese companies in India.
In this regard, the spokesperson of the Chinese Embassy in India said that the Chinese government has always required Chinese companies to operate overseas legally and compliantly, fully fulfill their social responsibilities, and carry out mutually beneficial cooperation. At the same time, the Chinese government is committed to safeguarding the legitimate rights and interests of Chinese companies and citizens.
The essence of China-India economic and trade cooperation is mutual benefit and win-win. The development of economic and trade cooperation between China and India is hard-won and serves the common interests of the two peoples. China hopes that India will provide an open, fair and non-discriminatory business environment for market entities, including Chinese companies.
In 2022, global trade disputes are expected to increase
In 2022, expectations for global trade disputes are increasing. First of all, after the signing of RCEP, the rising trade power of emerging economies around the world will make the United States feel more Facing the threat from China, it will restrict China’s development through more unbelievable policies, and Chinese textile and apparel companies will face more external uncertainties.
Secondly, in recent years, In order to promote the economic development of the western region and stabilize the local political and economic environment, the government has introduced policies such as guide price subsidies for Xinjiang cotton to promote Xinjiang cotton Development of planting industry. At present, Xinjiang’s cotton yield per unit area ranks first in the world, and its total output accounts for nearly 90% of the country’s cotton output; in the context that domestic cotton imports have not yet been liberalized, domestically produced cotton textiles and clothing It has become difficult not to use Xinjiang cotton.
In addition, while developing Xinjiang’s cotton industry, the country has also introduced a number of preferential policies to guide the textile industry’s westward expansion, especially the cotton textile industry, which has developed very rapidly in Xinjiang in recent years. 20% of production capacity. The U.S. ban on Xinjiang cotton products will suppress Xinjiang’s cotton and cotton textile industries to a great extent, thereby affecting the healthy development of the national textile and apparel industry.
For enterprises, especially export-oriented enterprises, they must pay attention to the development of Sino-US trade relations, make mental preparations and response measures in advance to avoid unnecessary losses; at the same time, they must also pay attention to the domestic market and the United States The company will expand into international markets beyond its borders and minimize the operating risks brought about by the Sino-US trade dispute.
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