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Home World Asia Pacific

China cracks down on Calvin Klein, Tommy Hilfiger parent companies | News

4 February 2025
in Asia Pacific
China cracks down on Calvin Klein, Tommy Hilfiger parent companies | News
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China’s MOFCOM added PVH and Illumina to its ‘unreliable entity’ list for violating market principles and discriminating against Chinese companies, amid escalating US-China trade tensions. PVH faces scrutiny for alleged improper conduct in Xinjiang, impacting its presence in China, while Illumina’s inclusion reflects broader geopolitical tensions. The move comes as part of China’s response to US sanctions, signaling increased scrutiny of US corporations operating in China.

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Tags: CalvinChinacompaniescracksHilfigerKleinNewsparentTommy
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