German chemicals company BASF is accelerating its exit from China's Xinjiang region due to allegations of human rights violations. BASF plans to sell its stakes in two joint ventures in Xinjiang following reports of abuses and concerns over product carbon footprints.
Volkswagen is under mounting pressure to end its operations in Xinjiang after another German industrial giant that has invested heavily in China announced it was pulling out of the troubled northwestern region ⬇️ https://t.co/FYDsHLSKB5
BASF said “it would sell its stakes in two joint ventures in the Chinese region of Xinjiang, where human rights groups have documented abuses including forced labor in detention camps.” https://t.co/iCB95MYxJD
BASF is accelerating the process to sell its interest in two joint ventures in China’s north-western Xinjiang region, citing allegations that its partner is involved in the repression of ethnic Uyghurs. https://t.co/dtYyOuraKH https://t.co/dtYyOuraKH
BASF to exit Xinjiang. Press release says "product carbon footprints" is main concern, says internal and external audits have not found any evidence of human rights violations in the two joint ventures, cites "recently published reports" about abuses. https://t.co/3qmwW8gUF2
BASF to exit joint ventures in China's Xinjiang amid rights record scrutiny https://t.co/3YqS3pcc2a https://t.co/E0ZS4hBNBB
German chemicals company BASF is accelerating its exit from China’s Xinjiang region following reports of alleged human rights violations https://t.co/fi1hjCa3uG