Home » Business » China is increasingly punishing foreign companies China is increasingly punishing foreign companies April 12, 2021 by world today news Chinese consumers are not as patriotic as China’s rulers portray. Even so, the campaigns against H&M and other foreign companies are an effective leverage for Beijing’s political goals. — — On the internet, many Chinese consumers join the demands for a boycott of H&M and other fashion companies. Whether online activism is actually reflected in purchasing behavior? Qilai Shen / Bloomberg — China is increasingly using its position as an important trading partner and sales market as a means of political pressure against foreign companies. The calls for a boycott against fashion companies such as H&M, Nike, Adidas and Burberry are just the latest example of this. The companies got caught up in a controversy over cotton from the Xinjiang Autonomous Region. The Chinese government reportedly forced Uyghurs and other ethnic minorities to harvest the cotton. – Related posts:URGENT! From January 2022, important changes in the payment of pensions. How much will your next p...Accident statistics: it crashes more often in the Westerwaldkreis than elsewhere - Westerwälder Zeit...Texas Intermediate Oil drops to $78.72 - 2024-03-13 22:39:00Effect of Inflation Data on Federal Reserve Decision: Positive and Negative Scenarios PORCELAIN JUG BY WINTERLING KIRCHENLAMITZ BAVARIA – EUR 8.00 Rockefeller Center Christmas tree arrived in New York in a sorry state Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: