Cotton Related Enterprises Can Breathe A Sigh Of Relief After The Cotton Ban In Xinjiang Is Grounded?

 

Although it is only temporarily shelved, another "boot" may still fall, but it is still a good result for China's export-oriented enterprises, OEM factories, cotton processing enterprises and cotton farmers in Xinjiang (similar to the result that byte hop, Oracle and Wal Mart reached a consensus in principle on the "cloud California" scheme and obtained Trump's "in principle" agreement), at least for Chinese enterprises have gained time to breathe, adjust and respond positively.

 

According to the following two aspects, the cotton import ban of Xinjiang and trump will be suspended

 

First, because of its wide coverage, once the ban is implemented, it is likely to trigger strong counter-measures from the Chinese government, and Trump's proud political "capital" - the first stage Sino US trade agreement, may face the risk of implementation;

 

Second, the U.S. genetic Traceability Technology is not very mature or the use cost is high, so it is still unable to avoid the guerrilla tactics of Chinese enterprises such as circuitous and "clip changing". Therefore, the White House may also be "waiting for time, looking for opportunities, and finding entry points". The ban on cotton, yarn and cotton textiles in Xinjiang is only shelved rather than lifted, but it does give China and the United States the opportunity to prepare for war, observe and negotiate.

 

Although trump and the White House have suspended the extensive import ban on cotton and tomato products in Xinjiang, some clothing brand enterprises, purchasers and retailers in the United States, Europe and even Japan have jumped out one after another (it is difficult to judge whether there is acquiescence or even "standing on the defensive" by the US government) and require Chinese suppliers and processing enterprises to ban the use of cotton containing Xinjiang , yarn, cotton products, including ADI, Nike, H & M, crocodile, Zara and other brands such as "eat meat from the bowl, curse the mother" and so on. Recently, H & M company announced not only to terminate business contacts with Huafu, but also to investigate all Chinese suppliers, determined to be the "pawn" mentality of trump and the U.S. government punishing Xinjiang cotton products in China.

 

Some textile and clothing enterprises in Jiangsu, Zhejiang, Guangdong, Shandong and other coastal areas said that although the U.S. government put aside the import ban on cotton, yarn and cotton products in Xinjiang, it secretly encouraged and attracted brand enterprises and retailers from Europe and the United States and other countries in the name of "individual enterprise" to ask suppliers and processing factories to ban Xinjiang cotton products (not officially decided by the White House) Let the Chinese government and export-oriented enterprises "suffer from the loss".

 

With the U.S. presidential election approaching in November, the U.S. government and U.S. and European companies continue to expand the scope of the ban on Xinjiang cotton, and the probability of stabbing people behind the scenes only rises. Chinese enterprises should be alert to the groundless accusations and attacks of "clowns" at any time, so as to minimize the losses.