In the News: PVH Investigated Over Quitting Xinjiang; Chinese WuXi Seeks Buyers For US Business; Draft Law to Protect Private Sector

Calvin Klein parent PVH investigated by Chinese government after pulling out of Xinjiang; Chinese biotech firms targeted by U.S. BIOSECURE Act seek to sell U.S. subsidiaries; and China promises to protect private business while maintaining the existing economic order is still important.

7 minute readOctober 16, 2024 at 03:59 PM
By
Clarence Lee
& Krista Lee
In the News: PVH Investigated Over Quitting Xinjiang; Chinese WuXi Seeks Buyers For US Business; Draft Law to Protect Private Sector

Credit: Henry Saint John/Adobe Stock

China Investigates Western Firms Pulling out of Xinjiang

Western firms such as Calvin Klein and Tommy Hilfiger are in a difficult position, following China's investigation

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