At least one Chinese online retailer appeared to drop H&M’s products amid social media attacks on the Swedish company for saying that it was “deeply concerned” about reports of forced labor in China’s Xinjiang region.
The Britain, Canada, the EU and the US on Monday imposed sanctions on Chinese officials, accusing them of human rights abuses in Xinjiang.
China retaliated with sanctions on European lawmakers and institutions.
Photo: Reuters
H&M had previously said in a statement that it was “deeply concerned by reports from civil society organizations and media that include accusations of forced labor” and that it did not source products from Xinjiang.
It was not immediately clear why an old statement from H&M, which media had reported last year, about the cotton-producing region was back in the public eye.
H&M’s official store on Alibaba Group Holding Ltd’s (阿里巴巴) Tmall (天貓), an e-commerce platform, was not accessible yesterday.
The official People’s Daily reported that searches for H&M products on platforms JD.com Inc (京東) and Pinduoduo Inc (拼多多) no longer showed any results.
Reporters were unable to determine if such products were previously available.
China is H&M’s fourth-biggest market with sales of 2.9 billion kronor (US$337 million) in the 12 months through November last year.
H&M also said in its original statement that it would phase out its relationship with a Chinese supplier accused of forced labor.
A graphic in a commentary from China Central Television that criticized the company over its stance said that “H&M you are no longer at all fashionable.”
Some people on social media called for H&M to leave China and for a boycott.
“It is so shameless to smear Xinjiang and we don’t buy your products,” one person wrote.
H&M declined to comment.
Hon Hai Precision Industry Co (鴻海精密) yesterday said that its research institute has launched its first advanced artificial intelligence (AI) large language model (LLM) using traditional Chinese, with technology assistance from Nvidia Corp. Hon Hai, also known as Foxconn Technology Group (富士康科技集團), said the LLM, FoxBrain, is expected to improve its data analysis capabilities for smart manufacturing, and electric vehicle and smart city development. An LLM is a type of AI trained on vast amounts of text data and uses deep learning techniques, particularly neural networks, to process and generate language. They are essential for building and improving AI-powered servers. Nvidia provided assistance
DOMESTIC SUPPLY: The probe comes as Donald Trump has called for the repeal of the US$52.7 billion CHIPS and Science Act, which the US Congress passed in 2022 The Office of the US Trade Representative is to hold a hearing tomorrow into older Chinese-made “legacy” semiconductors that could heap more US tariffs on chips from China that power everyday goods from cars to washing machines to telecoms equipment. The probe, which began during former US president Joe Biden’s tenure in December last year, aims to protect US and other semiconductor producers from China’s massive state-driven buildup of domestic chip supply. A 50 percent US tariff on Chinese semiconductors began on Jan. 1. Legacy chips use older manufacturing processes introduced more than a decade ago and are often far simpler than
STILL HOPEFUL: Delayed payment of NT$5.35 billion from an Indian server client sent its earnings plunging last year, but the firm expects a gradual pickup ahead Asustek Computer Inc (華碩), the world’s No. 5 PC vendor, yesterday reported an 87 percent slump in net profit for last year, dragged by a massive overdue payment from an Indian cloud service provider. The Indian customer has delayed payment totaling NT$5.35 billion (US$162.7 million), Asustek chief financial officer Nick Wu (吳長榮) told an online earnings conference. Asustek shipped servers to India between April and June last year. The customer told Asustek that it is launching multiple fundraising projects and expected to repay the debt in the short term, Wu said. The Indian customer accounted for less than 10 percent to Asustek’s
Gasoline and diesel prices this week are to decrease NT$0.5 and NT$1 per liter respectively as international crude prices continued to fall last week, CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. Effective today, gasoline prices at CPC and Formosa stations are to decrease to NT$29.2, NT$30.7 and NT$32.7 per liter for 92, 95 and 98-octane unleaded gasoline respectively, while premium diesel is to cost NT$27.9 per liter at CPC stations and NT$27.7 at Formosa pumps, the companies said in separate statements. Global crude oil prices dropped last week after the eight OPEC+ members said they would