By constructing facilities under the names of other companies, Huawei can circumvent U.S. restrictions, allowing the organization to indirectly purchase American chip manufacturing equipment.
The Commission hopes the rules will incentivize clothing companies to reduce waste and increase the circularity of textile products — designing better products from the start.
“Machine suppliers should buy back the equipment and components we have purchased legally if we can’t use them,” said Yangtze Memory chairman and acting CEO Chen Nanxiang.
The Development Bank of Southern Africa has applied to the South Korea-based Green Climate Fund for $235 million, according to documentation on the fund’s website.