Xinjiang-based Chemical Company’s Stocks Drop After Alleged Use of Uyghur Forced Labour is Banned by US
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The share value of Xinjiang’s Zhongtai Chemical has fallen by 6% in Shenzhen due to the US banning the company for the supposed use of forced labour among the Uyghur community. In response, Zhongtai stated that the US ban will not significantly affect its operations as the company’s export revenue only accounts for 6.64% of the total revenue projected for 2022. More information can be found on https://yuantalks.com/the-wire-live-updates-on-china-666/. [/s2If]
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