US Senator moves to end China's most-favoured nation trade status, withdraw concessions

US Senator Tom Cotton introduced a new legislation in House on Thursday, September 17 seeking to end China’s permanent most-favoured-nation (MFN) status. At Present, China enjoys tre concessions on goods and services with MFN status and  bill seeks to change that. As per reports, while China might still be able to keep  MFN status with US following pass to new bill, tre concessions would have to be renewed each year by US President.

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Bill contains list of Chines human rights abuses

While releasing bill, Senator Cotton said "Twenty years ago this week, Senate gave a gift to Chinese Communist Party by granting it permanent most-favoured-nation status. That disastrous decision me party richer, but cost millions of American jobs. It is time to protect American workers and take back our lever over Beijing by withdrawing China's permanent tre status”.

In dition, bill also contains a vast list of alleged abuses carried out by Chinese regime such as human rights and tre abuses as well as slave labour, re-education prison camps, forced abortion or sterilisation and organ harvesting from prisoners. se abuses would disqualify China from gaining an MFN status unless a presidential waiver is issued.

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H&M severs ties over forced labour allegations

Meanwhile, Swedish clothing company H&M has decided t to buy raw materials from Xinjiang’s farms and factories suspected of using ‘forced labour’. On September 15, fashion house said that it would longer source cotton from Xinjiang, which is China’s largest growing area of cash crop.

clothing brand clarified that it did t work with any garment factory in region. Swedish clothing company joined America and de-linked itself from Xinjiang, where reports of incarceration of Uyghur and Kazakh Muslim community have been rampant.

(With ANI Inputs)

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