China Investigates PVH Over Alleged Boycott of Xinjiang Cotton
The probe into the owner of Calvin Klein and Tommy Hilfiger could lead to sanctions and further strain U.S.-China trade relations.
- China's Ministry of Commerce has launched an investigation into PVH Corp. for allegedly boycotting cotton products from Xinjiang.
- The investigation falls under China's 'unreliable entities' list, which could ban PVH from conducting business in China.
- PVH, which owns Calvin Klein and Tommy Hilfiger, has 30 days to provide documentation on its business practices regarding Xinjiang products.
- The U.S. banned imports from Xinjiang in 2021 over forced labor allegations, which PVH has adhered to, impacting its operations in China.
- The probe comes amid escalating trade tensions between the U.S. and China, with recent U.S. proposals to ban certain Chinese technologies in vehicles.