WASHINGTON - The US House of Representatives voted on Wednesday to force companies to disclose products that come from China's Xinjiang region, in a new bid to stop what lawmakers say is widespread forced labour in the restive area.
The legislation would require all publicly traded companies to report to the Securities and Exchange Commission whether they are involved in Xinjiang, a major source of the global textile industry's yarn. Republicans raised objections after concerns voiced by the US Chamber of Commerce, which said that the regulations imposed an impossible burden on legitimate companies.
Source: News Formal (newsformal.com)
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