How FC Barcelona’s Braithwaite and business partner are aiming to help the BIPOC community through real estate - Yahoo Finance

Brand ambassadors in China for both firms cut ties with the companies in recent days.“Want to make money in China while spreading false rumors and boycotting Xinjiang cotton?

Wishful thinking!” the Communist Youth League said in a post on Weibo, referring to H&M.

Allies in Bid to Thwart Biden Strategy“We can’t tolerate any forces bringing shame on and tarnishing the pure and flawless Xinjiang cotton,” Gao Feng, a spokesman for the Commerce Ministry, said at a separate briefing Thursday.

“Chinese consumers have acted in response to the so-called business decisions made by some companies based on false information.

H&M no longer appears on Alibaba Group Holding Ltd.’s e-commerce platform Tmall, where the retailer had previously had a presence.

Published On: Wed, 24 Mar 2021 21:03:39 GMT