Are Americans Investing in Chinese Forced Labor Companies?
The House Select Committee on the CCP published a preliminary report on the use of forced labor in Shein and Temu supply chains. Many Americans are investors.
The House Select Committee on the CCP published a preliminary report on the use of forced labor in Shein and Temu supply chains. Many Americans are investors.
At a recent House Ways & Means subcommittee hearing on trade, CEO Michael Stumo talks de minimis, and the inescapable realities of China’s forced labor.
WASHINGTON — The Coalition for a Prosperous America’s (CPA) CEO, Michael Stumo, today testified before the House Ways and Means Subcommittee on Trade in a hearing titled, “Modernizing Customs Policies to Protect American Workers and Secure Supply Chains.” Stumo’s testimony focused on de minimis, an import loophole non-market economies like China exploit to ship hundreds…
De minimis becomes topic of discussion at this week’s Congressional-Executive China Commission. CPA submits a letter on the issue calling for changes to the duty-free rule.
The Senate Committee on Finance discusses trade, as witnesses led by FedEx throw support behind the de minimis duty-free imports rule.
Shein’s Fast Fashion business reminds me of the barker in Pinocchio, (to paraphrase) “Get your tank tops, dress, sweaters, and t-shirts! Buy all you can! Be a glutton! Stuff your bags! Hurry, hurry, hurry, hurry!” Who could imagine that a small order-fulfillment Chinese company with almost no garment manufacturing experience would become the world’s largest…
When it comes to duty-free China e-commerce, an advocacy group working for Amazon and Walmart tries to get the Senate Finance Committee on their side.
Banned cotton under Biden’s Uyghur Forced Labor Prevention law is making its way into the U.S. in Shein packages, a German lab has found.
The Congressional-Executive Commission on China hears testimony about Zero Covid and the human rights abuses its exacerbated in the world’s No. 2 economy. In a report by the Commission, calls for more capital market sanctions.
Last week, U.S. Customs and Border Protection’s (CBP) Office of Trade released false government statistics. CBP’s Office of Trade stated that the total value of de minimis shipments fell from $67,039,140,875 in CBP’s FY 2020, down to $39,876,651,152 in FY 2021. These numbers are not accurate, and in fact are certainly a gross, material undervaluation,…