Trading & Financial News
No Result
View All Result
Monday, July 14, 2025
  • Login
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
Subscribe
Trading & Financial News
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
No Result
View All Result
Trading & Financial News
No Result
View All Result
Home Economy

China Protests Over Canada’s Move to Shut Down Hikvision

by Tradinghow
June 30, 2025
in Economy, Stock Trading
A A
0
China Protests Over Canada’s Move to Shut Down Hikvision
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


 

Canada’s order on Friday for surveillance camera operator HikVision to shut down its operations in the country drew a predictable response from Beijing on Monday.

China’s commerce ministry urged Canada to “immediately correct its wrongdoings” after Ottawa ordered the Chinese company to cease operation in the country, citing national security concerns.

https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB

In a statement published on its website, the Chinese ministry vowed to take the “necessary measures” to safeguard the legitimate rights and interests of Chinese businesses.

 

ALSO SEE: First Half: Mainland Investors Pile $90bn Into Hong Kong Shares

 

“The government has determined that Hikvision Canada Inc’s continued operations in Canada would be injurious to Canada’s national security,” Canadian Industry Minister Melanie Joly said on X, adding that the decision was taken after a multi-step review of information provided by Canada’s security and intelligence community.

China’s foreign ministry on Monday also expressed strong opposition to Canada’s move and said it has lodged stern representations with the Canadian side.

The foreign ministry accused Canada of generalising the concept of national security and suppressing Chinese enterprises and urged it to provide a fair, just and non-discriminatory environment for Chinese companies.

Rights groups have accused Beijing of locking up millions of Uyghurs and other minorities in prison camps or forcing them to work in state companies. This undated Reuters image shows Uyghurs in a re-education camp in Xinjiang in western China.

Firm linked previously to repression of Uyghurs

Hikvision, also known as Hangzhou Hikvision Digital Technology Co, has faced numerous sanctions and restrictions by Canada’s neighbour, the United States, over the past five and a half years for the firm’s dealings and the use of its equipment in China’s Xinjiang region, where rights groups have documented abuses against the Uyghur population and other Muslim communities.

However, Joly’s statement did not mention China or Xinjiang or specify how Hikvision would harm Canada’s national security.

“We strongly disagree with this decision and view it with deep concern, as we believe it lacks a factual basis, procedural fairness and transparency,” a Hikvision spokesperson told Reuters.

“Instead of evaluating our technology on its cybersecurity merits, the decision appears to be driven by the parent company’s country of origin, reflecting broader geopolitical tensions and an unjustified bias against Chinese companies.”

The spokesperson said the company “urges the Canadian government to base its actions on facts rather than prejudice, and to uphold a fair, transparent environment for all businesses and investors.”

The company, which describes itself as the world’s biggest maker of video surveillance equipment, said last year it had exited contracts in Xinjiang through five subsidiaries that were added to a US trade blacklist in 2023.

The Chinese government has denied repeated allegations of human rights abuses in Xinjiang and has criticized or targeted companies for removing Xinjiang firms from their supply chains.

Canada said last year it was reviewing an application to impose sanctions against Chinese surveillance equipment companies, including Hikvision, after rights advocates alleged the firms were aiding repression and high-tech surveillance in Xinjiang.

Joly said Canada was also banning the purchase of Hikvison’s products in government departments and agencies, and reviewing existing properties to ensure that legacy Hikvision products were not used in the future.

She said the order does not extend to the company’s affiliate operations outside Canada but “strongly” encouraged Canadians “to take note of this decision and make their own decisions accordingly.”

 

  • Reuters with additional editing by Jim Pollard

 

ALSO SEE:

US to Hit China’s Hikvision With Heavy Sanctions – FT

US Adds 30 More China Firms to Uyghur Forced Labour Blacklist

Indian Solar Panels Held by US Likely Tied to China Forced Labour

More Chinese Companies Blacklisted For Uyghur Forced Labour

US Crackdown on China ‘Slave Labour’ Blocks Solar Projects

US Ban on Xinjiang Could Hit Global Solar Panel Industry

CATL, Gotion Under Scrutiny in US Over ‘Use of Forced Labour’

China Carmakers ‘Must Ensure Parts Not Made by Forced Labour’

China Sanctions US Firm Over Xinjiang-Related Investigations

Tesla Criticised Over Showroom in China’s Xinjiang Region

Senior Auditors Wary on Review of VW Plant in China’s Xinjiang

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.





Source link

  • Trending
  • Comments
  • Latest
The Evolving International Cannabis Landscape

The Evolving International Cannabis Landscape

March 20, 2024
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

July 29, 2023
Uniswap Launches Permissionless Bridging Across 9 Networks

Uniswap Launches Permissionless Bridging Across 9 Networks

October 24, 2024
China tech groups lead multibillion-dollar campaign to help exporters sell at home

China tech groups lead multibillion-dollar campaign to help exporters sell at home

April 20, 2025
High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

0
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

0
Learn how to trade. For beginners

Learn how to trade. For beginners

0
Trading for beginners

Trading for beginners

0
Q1 Results Today Live: Ola, HCL, Tata Technologies, Tejas Networks, Hathway, Esaar & few more companies to announce Q1 results today

Q1 Results Today Live: Ola, HCL, Tata Technologies, Tejas Networks, Hathway, Esaar & few more companies to announce Q1 results today

July 14, 2025
Japan faces an era-defining reset with the US

Japan faces an era-defining reset with the US

July 14, 2025
The Data Says the Market is Shifting—Here’s How Investors Should Be Adjusting

The Data Says the Market is Shifting—Here’s How Investors Should Be Adjusting

July 14, 2025
Former Nigerian president Muhammadu Buhari dies at 82 in London

Former Nigerian president Muhammadu Buhari dies at 82 in London

July 13, 2025

Recent News

Q1 Results Today Live: Ola, HCL, Tata Technologies, Tejas Networks, Hathway, Esaar & few more companies to announce Q1 results today

Q1 Results Today Live: Ola, HCL, Tata Technologies, Tejas Networks, Hathway, Esaar & few more companies to announce Q1 results today

July 14, 2025
Japan faces an era-defining reset with the US

Japan faces an era-defining reset with the US

July 14, 2025

Categories

  • Business
  • Crypto
  • Economy
  • Forex News
  • Investing
  • Markets
  • More
  • Stock Trading
  • Trading for beginners

Site Navigation

  • Home
  • Contact Us
  • Stock Trading
  • Markets
  • Investing
  • Other Links
  • Privacy & Policy
Trading & Financial News

We bring you the fastest breaking news on Trading, forex, and finance submitted from credible and reliable news sources around the world.

© 2023 Tradinghow Useful forex analysis and financial news, submitted by credible news sources around the world.tradinghow.

No Result
View All Result
  • Contact Us
  • Home
  • Economy
  • Crypto
  • Investing
  • Markets
  • Forex News
  • Stock Trading

© 2023 Tradinghow Useful forex analysis and financial news, submitted by credible news sources around the world.tradinghow.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In