US Ban on Uyghur Forced Labor Impacts Xinjiang Chemical Company

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US Ban on Uyghur Forced Labor Impacts Xinjiang Chemical Company

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The US ban on the alleged use of Uyghur forced labor has caused a 6% drop in the stock price of Xinjiang Zhongtai Chemical. However, the company has reported that the ban will not have a significant impact on its overall operations as the export revenue to the US accounts for only 6.64% of its total revenue for 2022. [/s2If]

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