News 1+1丨H&M maliciously smears Xinjiang Cotton, can the wishful thinking succeed? How should we protect our rights?
On the 24th, H&M announced that it would no longer purchase cotton from Xinjiang due to "forced labor" and "discrimination against ethnic minorities" in Xinjiang, China, which caused public outrage.
On the evening of the 24th, H&M's arrogant response was like adding fuel to the fire, triggering a new round of condemnation from netizens.
Why did H&M make this operation?
What do you get?
"News 1+1" connected with Sang Baichuan, Dean of the Institute of International Economics, University of International Business and Economics, and paid attention to H&M's Xinjiang Cotton.
H&M said it is becoming more and more difficult to conduct investigations in Xinjiang. Is it credible?
Sang Baichuan, Dean of the Institute of International Economics, University of International Business and Economics:
I think H&M itself, as a well-known company that has been deeply cultivating the Chinese market for many years, has a large number of business partners in Xinjiang and China.
It is very easy for it to do credible and due diligence investigations, but it chooses hearsay, according to some The so-called unreliable evidence to discredit China
must have ulterior motives.
Why did H&M
maliciously discredit Xinjiang Cotton
?
Sang Baichuan, Dean of the Institute of International Economics, University of International Business and Economics:
H&M itself has a deep consortium background. It has felt that China has huge commercial interests in market competition, but at the same time it has tried its best to cooperate with some Western governments
to strengthen cooperation with each other on the road to contain China, and help them to stifle Chinese enterprises and Chinese industries. , Thus curb the rapid development of China's economy
.
If more companies make so-called business decisions similar to HM, what impact will it have on us?
Sang Baichuan, Dean of the Institute of International Economics, University of International Business and Economics:
Not only H&M, but also many internationally renowned textile and apparel brands, manufacturers, and marketers are members of BCI, so there are some common business interests between them, including competition with Chinese companies.
Some companies also have huge commercial industries in China. There are many stores and manufacturers. Chinese companies also carry out OEM production for them, and have effectively cooperated in the entire industry chain. Chinese consumers are also very familiar with the business of these famous companies. Brands. There are many brands of textiles and clothing that consumers like and are willing to buy.
In the process of segmenting these companies from the Chinese market, they will have a certain impact on the consumption habits of Chinese consumers, and will also cause certain damage to the interests of consumers.
At the same time, it is a huge damage to Chinese cotton planting workers, farmers, and related textile and garment enterprises. It is not conducive to employment and consumers, and it is also not conducive to the faster development of the industry.
If BCI member companies "hold the group" to boycott Xinjiang cotton, can the wishful thinking succeed?
Sang Baichuan, Dean of the Institute of International Economics, University of International Business and Economics:
This is not good for China, and it is not good
for them
.
I think it will have a slight impact on us in the short term, but from the perspective of China’s own response strategies, China will also strive to improve the operating environment for cotton planting, and will also gain support from the general public for Chinese brand textile products. As the world's largest textile and garment producer and largest consumer country, in fact,
we have a lot of room for maneuver. In the process of industrial transformation and upgrading in China, the textile and garment industry will also develop faster
.
They hope to curb China’s competitiveness by using this kind of indiscriminate means, but
ultimately they cannot prevent the rapid development of China’s textile industry, nor can they prevent Chinese cotton farmers from gaining more economic benefits in the process of mechanized development. Their goal is actually very high. Hard to achieve
.
When H&M maliciously discredited Xinjiang Cotton, how should we protect our rights?
Sang Baichuan, Dean of the Institute of International Economics, University of International Business and Economics:
The boycott of Xinjiang cotton has harmed the reputation and commercial interests of Chinese cotton companies. I think
Chinese suppliers can use legal means to protect their legitimate rights and interests
.
For example, H&M’s behavior is the release of seriously untrue false information, which is an unfair means of commercial competition. We can
sue it for spreading false and false information through civil litigation
.
H&M’s practices such as “not cooperating with any garment manufacturing factory in Xinjiang, nor purchasing products and raw materials from the region”, “suspending the issuance of BCI cotton licenses in Xinjiang” and other practices actually
violated non-discriminatory practices. Commercial principles, legally we can also bring commercial litigation
.
If the boycott of Xinjiang cotton has more serious consequences in the future,
relevant departments may also consider using the unreliable entity list system to impose sanctions on them
.