After ZTE And Huawei, 11 Chinese Enterprises Have Been Punished Again?

Again?

Since then, 11 Chinese enterprises have been sanctioned by the United States. But this time, there are not only high-tech industries, but also textile industries. There are actually four textile mills, three of which are from Xinjiang.

Is this a way to change the economy?

What's more, the reason for being included in the list is actually "forced labor", which really makes people feel that they can't find the reason.

Yida group is one of the world's leading manufacturers of high-end cotton shirts. The group's factories and strong sales network in China, Malaysia, Vietnam, Mauritius and Sri Lanka serve the global mainstream market. Therefore, Yida has become one of the most dynamic and advanced global textile and garment manufacturers. In 1995, it entered Xinjiang and invested more than 149 million US dollars to establish several textile companies, one of which is Changji Yida Textile Co., Ltd.

Hotan Haolin hair accessories is also a Xinjiang company, mainly engaged in hair products raw materials and production and sales, monthly production of more than one million hair accessories, mainly sold in Africa, America, Europe.

Nanjing Xinyi Cotton Textile Co., Ltd. was established in 2003 as a professional spinning enterprise. The products of the company are positioned as high-grade combed cotton knitting yarn and CVC yarn.

These four textile factories are not well-known on the Internet. They are the common ones that make clothes and hair ornaments. There is no technology content. I feel like it is an unwarranted crime.

Due to the impact of this year's epidemic, these textile industry companies have received considerable impact. At this time, it was even worse to be included in the "entity list" of the United States. However, this year, our mother country's preferential tax policies for all enterprises are also quite powerful. I believe these companies can definitely withstand the pressure!