China Probes Calvin Klein's Parent Company Over Alleged Xinjiang Supply Chain Disruptions

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 20 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Business News

PVH Group,Calvin Klein,China

China's Ministry of Commerce has launched an investigation into PVH Group, the parent company of Calvin Klein, alleging business disruptions related to its supply chain in Xinjiang. The probe is part of China's 'unreliable entities' list mechanism, which targets companies deemed to harm Chinese interests.

China's Ministry of Commerce said Tuesday it was launching a probe into Calvin Klein-parent PVH Group over alleged business disruptions around its Xinjiang supply chain.

The U.S. Commerce Department on Monday announced plans to ban the import or sale of cars with specific hardware or software linked to China or Russia.mechanism. Launched in 2019 shortly after the U.S. blacklisted Huawei, the list is China's version of the U.S. Commerce Department's entity list that restricts named companies from accessing items originating in the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in BUSİNESS

Business Business Latest News, Business Business Headlines