SHEIN
Shein seeks Chinese regulators' tacit approval for US public offering
Online fast-fashion retailer Shein is in a delicate dance with Beijing as it seeks tacit approval from Chinese regulators for its upcoming US public offering. Despite severing its Chinese roots, Shein is navigating the complex regulatory environment in China to ensure a smooth transition to the US market.
In recent years, Shein has emerged as a global e-commerce powerhouse, with a strong presence in the US and other international markets. However, the company's ties to China have raised concerns among US lawmakers and regulators, leading Shein to distance itself from its Chinese origins in order to gain approval for its public offering.