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Ban on Xinjiang cotton to harm global supply chain, say China experts

  

Experts believe the boycott of cotton sourced from Northwest China's Xinjiang Uygur autonomous region will severely harm the global industrial and supply chain, especially as the world economy has not yet recovered from the impact of the pandemic Global supply chain curbs on Xinjiang cotton will harm not only the global textile industrial system but also the interests of global consumers.

Mei Xinyu, Researcher, Chinese Academy of International Trade and Economic Cooperation, believes the boycott is interfering with normal order of the industry and the market, which will increase costs and severely impact the global market. Official data showed China produced around 5.95 million metric tons of cotton during the 2020-21 season, while its total demand reached 7.8 million tons during the same period.

Yang Shu, Associate Professor, China Agricultural University says, the boycott will affect the development of both China's textile industry and international trade, and it will also impact employment in Xinjiang. On the other hand, Kong Xiangzhi, Professor, School of Agricultural Economics and Rural Development, Renmin University of China, the boycott of Xinjiang cotton will not affect its long-term development, as it will propel domestic enterprises to gear up to expand and lead up to a decision to compete with its foreign rivals.

 
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