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

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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