China threatens sanctions on Calvin Klein owner over Xinjiang cotton boycott ...Middle East

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By Juliana Liu, CNN Hong Kong (CNN) — Beijing says it’s investigating fashion retailer PVH Corp, the owner of Calvin Klein and Tommy Hilfiger, for refusing to source cotton from the Xinjiang region, in a move that could lead to sanctions on an American company with major business interests in China. Tuesday’s announcement from the Commerce Ministry came a day after the Biden administration proposed a possible ban on the sale or import of smart vehicles in the United States that use specific Chinese or Russian technology because of national security concerns. The ministry said in a statement that New York-based PVH (PVH) is suspected of “violating normal market transaction principles”

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