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MNCs worried about Xinjiang spat between China and H&M
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The latest boycott comes after H&M statement's about not using Xinjiang cotton over forced labour concerns there.
PHOTO: AFP
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BEIJING - As the world's second-largest fashion brand H&M continues to be conspicuously missing from Chinese e-commerce platforms, executives at multinational companies have fretted in private about who might come into Beijing's crosshairs next, while hoping the storm would soon pass.
Foreign companies operating in China have always known it is a delicate dance between profit and principle to maintain access to the world's second-largest economy.
