Tag: Forced Labor

How China Came to Dominate the World in Solar Energy

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China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38 percent while its exports of key components almost doubled. Get ready for an even bigger display of China’s solar energy dominance. While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing…

Volkswagen and BASF Are Reconsidering Ties to Xinjiang, China

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Volkswagen Group is reviewing the future of its joint venture in the Xinjiang region of northwestern China and another German industrial giant is starting to sell its stakes there following new international scrutiny of forced labor by predominantly Muslim ethnic groups. Volkswagen said last week that it was in discussions with one of its main joint venture partners in China, the state-owned Shanghai Automotive Industry Corporation, in the wake of allegations of human rights violations at their joint venture in Xinjiang. The companies are examining “the future direction of the…

Shein’s I.P.O. Presents Tests on Wall Street and Washington

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Shein aims to win over Wall Street and Washington In filing confidentially for an initial public offering, Shein, the ultrafast-fashion retailer, is showing ambition on two fronts. The company and its underwriters are betting that investors will be more receptive to I.P.O.s, even though high-profile market debuts this fall largely fizzled out. Shein is also testing whether it can endure what’s likely to be an increase in political heat on the China-founded e-commerce giant. The company has cut some of its most prominent ties to China, after drawing pushback from…

Shein, the Fast-Fashion Giant, Is Said to Have Filed for an I.P.O.

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Shein, the ultrafast-fashion retailer founded in China more than a decade ago, has filed confidentially for an initial public offering in the United States, according to a person familiar with the plans for the deal, who was not authorized to speak publicly about it. Some companies keep their paperwork for an initial public offering temporarily under seal so they can prepare for the offering out of the public spotlight. Investors had largely expected Shein to make the move this year, after the historically tight-lipped company began to address a range…

Solar Supply Chain Grows More Opaque Amid Human Rights Concerns

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Global supply chains for solar panels have begun shifting away from a heavy reliance on China, in part because of a recent ban on products from Xinjiang, a region where the U.S. government and United Nations accuse the Chinese government of committing human rights violations. But a new report by experts in human rights and the solar industry found that the vast majority of solar panels made globally continue to have significant exposure to China and Xinjiang. The report, released Tuesday, also faulted the solar industry for becoming less transparent…

Lawmakers Challenge Ford and Chinese Battery Partner Over Forced Labor

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A partnership between Ford Motor and a major Chinese battery maker is facing scrutiny by Republican lawmakers, who say it could make an American automaker reliant on a company with links to forced labor in China’s Xinjiang region. In a letter sent to Ford on Thursday, the chairs of the House Select Committee on the Chinese Communist Party and the House Ways and Means Committee demanded more information about the partnership, including what they said was a plan by Ford to employ several hundred workers from China at a new…

Shein Flew Influencers to China to Help Its Image. A Backlash Ensued.

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When the ultrafast-fashion retailer Shein invited Kenya Freeman on a free two-week trip to China, she was thrilled. It has become a status symbol for Instagram and TikTok creators to be taken on paid excursions by brands, and Ms. Freeman, who had also been designing clothes for Shein for two and a half years, saw it as a major opportunity. But while brands often plan such trips to promote new products or generate online buzz, Shein’s pitch was unusual: She was among half a dozen influencers in the United States…

Congress Spotlights Forced Labor Concerns With Chinese Shopping Sites Shein and Temu

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Lawmakers are flagging what they say are likely significant violations of U.S. law by Temu, a popular Chinese shopping platform, accusing it of providing an unchecked channel that allows goods made with forced labor to flow into the United States. In a report released Thursday, the House Select Committee on the Chinese Communist Party said Temu, a rapidly growing site that sells electronics, makeup, toys and clothing, had failed “to maintain even the facade of a meaningful compliance program” for its supply chains and was likely shipping products made with…

​Leaders of Japan and South Korea Vow to Deepen Ties

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The leaders of South Korea and Japan agreed on Sunday to press ahead with joint efforts to improve bilateral ties despite skeptics at home, declaring that historical differences should not prevent the two nations from working more closely to cope with the growing security challenges from North Korea and China. Before Prime Minister Fumio Kishida of Japan arrived in Seoul to meet President Yoon Suk Yeol and to nurture a fledgling détente, South Koreans had been waiting intently for what Mr. Kishida might say about Japan’s brutal colonial rule of…

Japan-Korea Relations Improve, but Ties Are Still Fragile

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To underscore the celebratory atmosphere surrounding the long-awaited visit by South Korea’s president this week, Japan’s prime minister hosted not just one, but two, dinners on Thursday night in Tokyo. Shortly after Yoon Suk Yeol, of South Korea, told reporters that “frozen ties should be thawed” and Fumio Kishida, of Japan, hailed “a new chapter” in their long-fraught relationship, they went with their wives to a traditional restaurant in Tokyo’s luxury Ginza district. The two leaders then broke off for a more casual meal of “omurice,” a popular dish of…