China: US anti-slavery bill dealt ‘a big blow’ to our companies

China: US anti-slavery bill dealt ‘a big blow’ to our companies

China: US Anti-Slavery Bill Has ‘Dealt A Huge Blow To Our Businesses’ OLASMEDIA TV NEWSThis is what we have for you today:

China’s Global times The propaganda paper admitted this week, citing interviews with business owners and administrators, that the Uyghur Forced Labor Act has dealt a “major blow” to Chinese companies in the occupied region of East Turkistan, where China is committing genocide against Uyghurs and other Turkish people.

The Uyghur Forced Labor Prevention Act (UFLPA), which went into effect this summer, is a U.S. law that bans imports from East Turkistan, which China calls “Xinjiang,” unless the importer can prove that slavery is nowhere in that supply chain. entry prevents . The law assumes that everything produced or manufactured in the region has been affected by slave labor, an assumption supported by extensive evidence that the Communist Party used the Uyghur genocide to funnel untold numbers of concentration camp inmates into forced labor in factories and farms across the country.

China is currently carrying out a genocide against Uyghurs, Kazakhs, Kyrgyz people and others in East Turkistan fueled by the construction of more than 1,000 concentration camps for as many as 3 million people, where survivors say they were subjected to communist indoctrination, torture, gang*, and slavery, among other crimes. Outside the camps, the Communist Party has implemented a policy of mass sterilization to ensure the reduction of the non-Han population and is believed to be selling Uyghurs into slavery to cotton farms and supplier factories across the country.

While Chinese propagandists first mocked the UFLPA for doing little to quell the demand for products from East Turkistan, Global times recently admitted that the law has apparently deterred not only US companies from importing the items, but also companies around the world that expect other free countries to soon introduce their own restrictions on imports from East Turkistan.

Talking to the statesman Global times in an article published on Wednesday, the head of the China National Color Cotton Corp Liu Haifeng said the law “dealt a major blow to Xinjiang cotton”. About 90 percent of China’s cotton, and 20 percent of the world’s, arises from in East Turkistan. Liu used the Chinese Communist Party’s semi-official nickname for the UFLPA, the “evil bill.”

Liu’s company, he said, hadn’t started importing products to the United States yet, but had planned to do so before the anti-slavery bill was passed.

Cotton futures have accordingly taken a dive, weighing heavily on the industry at large, Liu said, and although Liu’s business focuses on colored cotton, it cannot be completely isolated from the industry-wide impact. Global times.

The state-run newspaper reported that many businesses in East Turkistan have recently participated in an ongoing product expo on the other side of the country, in tropical Hainan, and are “actively seeking a strong presence in the more expensive domestic consumer market. ”

“Farm produce, food, jewelry and jade, and clothing and textiles, among other Xinjiang-produced items, were on display,” the state publication, later adding to the list, said “fruit juice, dates, camel milk powder and other premium items.” However, many of these products were not in high demand in the United States before the law was passed, with the exception of cotton products.

The collapse of the slave-driven Chinese government sector in East Turkistan is also prompting pro-regime companies to consider doing more business in Laos and Vietnam, the Time reported, which could benefit greatly from both the UFLPA and the general interest of international companies to move supply chains out of China. That plan may not succeed, the paper claimed, due to “the lack of sales networks in overseas markets”, which “cause”.[s] its foreign sales are under high cost pressure.”

The concerns expressed by state media this week are the latest in a series of signals from Beijing that the UFLPA has significantly harmed China’s industry, despite targeting only one of China’s provinces (a 2020 study by the Australian Strategic Policy Institute found that China buses Uyghur slaves to factories outside East Turkistan and supply to dozens of international companies). On June 21, the day the law came into effect, Global times published an article complaining that US exporters and others around the world had already started massively canceling orders from East Turkistan in preparation for the law’s implementation.

Less than a month later, South China Morning Mail reported that China’s National Cotton Reserves Corporation (CNCRC), a government agency, was willing to buy as much as 500,000 tons of cotton from East Turkistan, mitigating the dramatic losses faced by producers in the region. The law, the Hong Kong newspaper reported, had “resulted in a huge unsold stock: 3.3 million tons of cotton [that] At the end of May, stocks were seized from cotton mills in Xinjiang, which was more than a million tons higher than normal for that time of year.”

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