China Adds Calvin Klein Owner PVH, Illumina to 'Unreliable Entity List'

MT Newswires Live
04 Feb

China added US companies PVH Corp., which owns Calvin Klein, and biotechnology company Illumina to its "Unreliable Entity" list, the Ministry of Commerce announced Tuesday.

The ministry cited concerns over national sovereignty, security, and development interests.

These entities were added to the list for allegedly violating market principles, disrupting normal transactions with Chinese companies and implementing discriminatory measures that harmed the rights and interests of Chinese enterprises, the ministry said.

The decision comes amid ongoing trade disputes between the US and China, with US President Donald Trump slapping a 10% tariff on Chinese goods, a move that took effect at 12:01 a.m. Tuesday.

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