Xinjiang Cotton: A Test of Global Trade's Resilience The recent addition of 43 Chinese companies to a US import blacklist over allegations of forced labor in Xinjiang has sparked surprisingly little panic among industry insiders.
This is not just a matter of China's reputation for stoicism; it reflects a deeper shift in the global trade landscape.
Industry insiders point to years of diversification efforts by Chinese companies, which have successfully reduced their reliance on Xinjiang cotton.