China only targets 'small number' of foreign firms for violations

PVH

24/10/2024 08:29

BEIJING, Oct 24 (Reuters) - China only targets a "very
small number" of foreign entities that break market rules and
violate Chinese laws, referring to its probe into U.S. firm PVH,
the parent company of Calvin Klein and Tommy Hilfiger, its
commerce ministry said on Thursday.
    "Honest and law-abiding" foreign entities have nothing to
worry about, ministry spokesperson He Yadong said at a weekly
news briefing when asked about the probe.
    Last month, the ministry announced an investigation into PVH
for suspected violations of market trading principles regarding
Xinjiang-related products, asking the firm to provide
documentation and evidence detailing any "discriminatory
measures".

 (Reporting by Xu Jing and Liz Lee)
 ((liz.lee@thomsonreuters.com;))