How Shein, which filed for a US IPO in November 2023, became stuck in US-China tensions; Shein, founded in 2012 in China, has never sold products in the country
The fast-fashion giant aimed to bridge the divide between Beijing and Washington, but hopes for a U.S. IPO have faded @shenlulushen @cdriebusch @raffaelehuang https://www.wsj.com/... https://www.wsj.c...
Shein tries to shed its Chinese image, including by denying claims of sourcing its cotton from Xinjiang and staying silent on details of its suppliers in China
Shen Lu / Wall Street Journal :
Intel apologizes, following a backlash in China, for telling Chinese suppliers to avoid Xinjiang labor, saying it only did so to “ensure compliance” with US law
Tech companies withdraw from in-person CES Simon Sharwood / The Register : Intel ‘regrets’ offending China with letter telling suppliers to avoid Xinjiang Liza Lin / Wall Street Journal : Intel Apolog...
Intel apologizes, following a backlash in China, for telling Chinese suppliers to avoid Xinjiang labor, saying it only did so to “ensure compliance” with US law
Tech companies withdraw from in-person CES Simon Sharwood / The Register : Intel ‘regrets’ offending China with letter telling suppliers to avoid Xinjiang Agence France-Presse : Intel Apologizes Over ...