Beijing —
In a recent development, Kharon, a research and data analytics firm based in Los Angeles, has been targeted by China with sanctions. The company has stated that these measures are mostly symbolic as it does not maintain a physical presence in China, and therefore, the sanctions should not affect its operations or its commitment to serving clients.
Kharon issued a statement affirming its dedication to delivering unbiased and independent research and analytics, grounded in reputable sources, to assist its clients and the broader international business community in enhancing their risk management strategies.
Additionally, a former analyst from the U.S.-based Center for Advanced Defense Studies will face similar punitive measures from China. The sanctions include a prohibition on entry into mainland China as well as its territories, Hong Kong and Macau, and the freezing of any assets Kharon may hold within Chinese jurisdiction.
This move comes in the wake of the United States imposing restrictions on imports from a trio of Chinese enterprises, among them Sichuan Jingweida Technology Group. This company was identified in a previous report by Kharon as having engaged in a labor transfer program in 2017, which involved relocating thousands of workers to various manufacturing sites.
U.S. authorities have raised concerns about the existence of forced labor camps in Xinjiang, where it is alleged that Uyghurs and other Muslim minority groups are detained. The Chinese government, on the other hand, refutes any claims of mistreatment or human rights violations in the region.
The Chinese government has imposed sanctions on Kharon, a Los Angeles-based analytics firm, and a former researcher of the U.S.-based Center for Advanced Defense Studies, banning them from entering China, including Hong Kong and Macau, and freezing any property Kharon holds in China. This action is seen as largely symbolic, as Kharon stated it has no presence in China and that the sanctions will not affect its operations or client services. The company intends to continue providing objective and independent research and data analytics. The sanctions come after the United States restricted imports from three Chinese firms, including Sichuan Jingweida Technology Group, which Kharon had previously reported as involved in labor transfers potentially linked to alleged labor camps for Uyghurs and other Muslim minorities in Xinjiang, claims that Beijing denies.
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