Stock Groups

U.S. House to consider bill to clamp down on products from China’s Xinjiang -Breaking

[ad_1]

© Reuters. FILE PHOTO : Youngor’s textile spinning factory in Aksu is seen by a worker, December 1, 2015, Xinjiang Uighur Autonomous Region. REUTERS/Dominique Patton

Patricia Zengerle & Michael Martina

WASHINGTON (Reuters) – The U.S. House of Representatives is set to consider a bill as soon as next week that would ban imports from China’s Xinjiang region over concerns about forced labor, Representative Jim McGovern, the bill’s sponsor, told reporters on Thursday.

McGovern stated that “The week ahead is crucial for human rights.” “… We believe it is important to push some China legislation. “The Uyghur Forced Labor Prevention Act, we would like to see it get passed in some form.”

Next week President Joe Biden will host a summit for democracies. This is an attempt to counter China’s increasing influence.

Since months Republicans and Democrats have been at odds over Uyghur legislation. Recenty, Marco Rubio (Republican Senator) has demanded the inclusion of the measure as an amendment in the National Defense Authorization Act or NDAA. This delay will prevent the Senate from considering the enormous annual bill that establishes policy for Pentagon.

Rubio’s office didn’t immediately reply to my request for comment about McGovern’s bill being passed in the House. This would have changed his stance regarding the defense bill.

If the Uyghur legislation becomes law, there will be a “rebuttable presumed” that goods imported from Xinjiang by the Chinese government, which has created a network of detention camps in China for Uyghurs as well as other Muslim groups, were produced with forced labor.

China claims that there were no abuses at Xinjiang. This is where most of the materials used in solar panels are produced. However, the U.S. government, and rights organizations, claim Beijing has committed genocide.

Republicans accused Biden’s Democrats that they slowed down the passage of the legislation to prevent it from complicating President Barack Obama’s plans for renewable energy. Democrats refute that.

Dan Kildee (Democratic Representative) told Reuters that he wanted to hear a more assertive approach regarding forced labor in Xinjiang. Kildee also stated in a telephone interview that he believes domestic solar panel production could be increased.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]