Market news
20.10.2021, 14:13

US: Cannot ignore reports of China’s use of forced labor in several sectors – Reuters

Citing the speech prepared to be delivered at the WTO trade review policy of China, Reuters reported that the US will note that they cannot ignore reports of China’s use of forced labour in several sectors.

"China’s industrial policies skew the playing field against imported goods and services, foreign manufacturers and services suppliers," the US will say. "China's other unfair trade practices include preferential treatment for state enterprises, data restrictions, inadequate enforcement of intellectual property rights and cyber theft."

Market reaction

This headline doesn't seem to be having an impact on market sentiment. As of writing, the S&P 500 Index was up 0.3% on the day at 4,530.

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