In Africa as in the rest of the world, US machinations undermine its goals and bring other nations together as they seek to protect themselves from a desperate empire.
US Shoots Itself in the Foot in Africa
Tag: textile manufacturing
Winners, losers in Xinjiang cotton row
Winners, losers in Xinjiang cotton row
For politicians with wide-ranging commercial interest in China, it really hurts. One named person facing China’s sanctions saw his family fortune dwindle by US$1bil as businesses linked to him are hit, according to social media posts.
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According to media reports, Germany’s Adidas saw its share price plunge by over 6% on March 25. Adidas and US-based Nike saw their combined market value dissipate by more than 70 billion yuan or US$10.7bil. The market value of H&M; slumped by about 4.8bil yuan.