‘Nike Is a Brand That Is of China and for China’ Says the Company’s CEO

5Mind. The Meme Platform

The CEO of Nike said that the corporation is a “brand of China” earlier this week, amid recent allegations of the company being implicated with human rights violations conducted by the Chinese Communist Party (CCP).

John Donahoe, the new Nike CEO, while speaking to Wall Street analysts, said that “Nike is a brand that is of China and for China” when responding to a question about competition from Chinese companies during a fourth-quarter earnings meeting, BBC reported.

“We’ve always taken a long term view. We’ve been in China for over 40 years,” Donahoe said, expressing his optimism that the brand will continue to grow quickly in the world’s most populous nation.

Referring to the apparel brand’s co-founder and ex-CEO, he said: “Phil [Knight] invested significant time and energy in China in the early days and today we’re the largest sport brand there.”

Nike was recently criticized by a U.S. senator for turning a blind eye to allegations of forced labor in China, arguing they are making American consumers complicit in Beijing’s repressive policies.

Speaking at a Senate Foreign Relations Committee hearing on China’s repression of Uyghurs and other Muslim minorities in its western Xinjiang region, Republican Senator Marco Rubio said many U.S. companies had not woken up to the fact that they were “profiting” from the Chinese government’s abuses.

“For far too long companies like Nike and Apple and Amazon and Coca-Cola were using forced labor. They were benefiting from forced labor or sourcing from suppliers that were suspected of using forced labor,” Rubio said on June 10. “These companies, sadly, were making all of us complicit in these crimes.”

Rights groups, researchers, former residents, and some Western lawmakers say Xinjiang authorities have facilitated forced labor by arbitrarily detaining around one million Uyghurs and other primarily Muslim minorities in a network of camps since 2016.

Sophie Richardson, China director for Human Rights Watch, told the Senate panel that Beijing’s “extreme repression and surveillance” made human rights due diligence for companies impossible.

BY SAMUEL ALLEGRI

Read Original Article on TheEpochTimes.com

Contact Your Elected Officials
The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

Congress fumbles college sports

College sports landscape is a dumpster fire and every sports reporter, broadcaster and fan believes Congress needs to stay out of it.

The Hating Game

The Democrat Party game show should be titled "The Hating Game", played by pitting one class, race, or identity against another for political power.

The Invasion Of The Ballot Snatchers

As election results loom, California faces ballot controversies in a real-life political drama that raises concerns about election integrity.

The politics of perception

Shapiro relies on big-money fundraising, while Garrity’s campaign emphasizes local support and fiscal discipline.

The Coming Tsunami of AI Entertainment

If AI replaces creativity, critical thinking, imagination, discipline, and effort, it could be the greatest enabler of human decline.

Treasury Broadens Bank Data-Sharing Rules to Target Fraud

The Treasury Department issued new guidelines allowing banks to more easily share customer data when investigating fraud and crime.

US Military Strike Killed Tren de Aragua Leader Niño Guerrero: Trump

Trump say U.S. military strike killed Héctor Rusthenford Guerrero Flores, (Niño Guerrero), the leader of the Venezuelan gang Tren de Aragua.

Federal Judge Denies Request to Block UFC Fights on White House South Lawn

The U.S. District Court allowed the mixed martial arts...

Elon Musk Becomes World’s First Trillionaire as SpaceX Surges on Debut

Elon Musk, the world’s richest man, has become the first trillionaire on the planet after his shares in SpaceX jumped in its blockbuster Wall Street debut on June 12.

Trump Reopens Pacific Marine Monuments to Commercial Fishing

President Donald Trump on Thursday issued a proclamation reopening large portions of several Pacific marine national monuments to commercial fishing.

Trump Says US ‘Not Looking to Renew’ Trade Deal With Canada, Mexico Ahead of July Review

President Trump is considering not renewing the North American free trade deal, citing U.S. being better off without goods produced by Canada and Mexico.

Trump Signs $70 Billion Bill to Fund ICE, Border Patrol for 3 Years

President Donald Trump on June 10 signed a $72 billion bill on June 10 to fund Immigration and Customs Enforcement (ICE) and Border Patrol.

DOJ Says It Will Comply With Court’s Block on ‘Anti-Weaponization Fund’

The Justice Department has hit pause on a proposed anti-weaponization fund after an unfavorable court ruling.
spot_img

Related Articles

Popular Categories

MAGA Business Central