Rubio also demanded Airbnb and other top-level sponsors of the Winter Games to withdraw sponsorship.
on most goods from Xinjiang Province — the bill passed the Senate in July but is stalled in the House.. That’s how much annual revenue 10 out of 12 major international sponsors of the Olympic Games generate in China, according to Bloomberg. The biggest sponsors of the Winter Games include Toyota, Samsung, Coca Cola and Intel.Companies that have spoken out against China’s alleged forced labor and human rights issues have taken significant hits in revenue from Chinese consumers staging boycotts.
Last month, Adidas reported ain third quarter revenue in China following a 15% decline in the second quarter after it voiced concerns about allegations of forced labor in Xinjiang. Meanwhile, the Biden Administration announced Monday a diplomatic boycott of the 2022 Beijing Winter Olympics, meaning U.S. officials will not attend the event but competing athletes will participate as scheduled.
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