On Tuesday, in a report the Financial Times said, the U.S. government is slated to companies of heightened risks in operating in Hong Kong; it is also scheduled to update a previously issued warning on Xinjiang.
The report draws attention to threats, including the ability of the Chinese government to access data on foreign companies in Hong Kong.
The report also highlights the risks of a new Chinese law that allows Beijing to impose sanctions against individuals or entities involved in making or implementing discriminatory measures against Chinese citizens or entities.
Washington is scheduled to update a warning that former U.S. President Donald Trump’s Administration had issued on Xinjiang in 2020, said the report.
US Companies will face increased legal risks unless they ensure that their supply chains are not implicated in forced labour camps in Xinjiang.
The report also mentions that the US will impose more sanctions this week in response to China’s crackdown on pro-democracy protests in Hong Kong and human rights abuses in Xinjiang.
Dismissing the allegations of running modern concentration camps in Xinjiang, China has justified its policies saying they are necessary to stamp out separatists and religious extremists.