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US: Reports of forced labor use in China in various sectors cannot be ignored

Citing the speech prepared to be delivered at the WTO’s China Trade Review Policy, Reuters reported that the United States will note that it cannot ignore reports of China’s use of forced labor in various sectors.

“China’s industrial policies skew the playing field against imported goods and services, foreign manufacturers and service providers,” the United States will say. “Other unfair business practices by China include preferential treatment for state-owned companies, data restrictions, improper enforcement of intellectual property rights, and cyber theft.”

Market reaction

This headline does not appear to have an impact on market sentiment. At the time of writing, the S&P 500 index it was up 0.3% on the day at 4,530.

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