China’s Dahua Technology to exit projects in Xinjiang

Date:

BEIJING (Reuters) – China’s video surveillance equipment maker Zhejiang Dahua Technology said that it and its subsidiaries have agreed to terminate or exit five projects they signed with local governments in China’s Xinjiang region, a stock exchange filing showed on Monday.

Some of the projects, awarded between 2016 and 2017, have been terminated in advance, while others were still in operation, Dahua said in a filing to the Shenzhen stock exchange.

The company will cease operating the projects and proceed with asset disposal and debt resolution works, it said. Dahua did not give a reason for the withdrawal.

Dahua’s statement came after another Chinese surveillance camera manufacturer, Hikvision, said earlier this month it had exited contracts with five local governments in Xinjiang. It also did not say at the time why it was pulling out.

The United States added Dahua and seven other tech firms to its trading blacklist in 2019 for allegedly being “implicated” in “repression and high-tech surveillance” against Uyghurs and other members of Muslim minorities in Xinjiang.

Dahua had said the U.S. decision lacked “any factual basis.” The Chinese government has repeatedly rejected allegations of human rights abuses in Xinjiang and has criticised or targeted companies for removing firms operating in the region from their supply chains.

(Reporting by Beijing Newsroom; Editing by Tomasz Janowski)

Share post:

Popular

More like this
Related

Bill Clinton admitted to hospital with fever

Former U.S. President Bill Clinton was admitted to a...

Lamar Jackson plans to watch Beyoncé during Ravens-Texans halftime on Christmas: ‘Sorry, Harbaugh’

Like fans across the world, Lamar Jackson wants to...

Inter Milan Coach Insists Italy Star Has ‘Long Future’ At Inter Despite Playing Time, Backs Captain To End Goal Drought

Inter Milan coach Simone Inzaghi insists that Davide Frattesi...