U.S. Blocks Imports From 37 More Chinese Companies Over Forced-Labor Concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2025
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Should l Buy ?
Source: WSJ
Biden Administration Action: The Biden administration is blocking imports from over 37 Chinese companies due to their alleged connections to forced labor in Xinjiang, marking the largest expansion of a ban list since it was initiated in 2022.
Entity List Update: With the addition of these companies, the total number on the Entity List has increased to 144, as stated by the Department of Homeland Security.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
