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Can Shein and Temu survive Trump’s trade war?
The Chinese government has leverage over the two firms. Although Temu has grown quickly, PDD, its parent company, remains heavily dependent on its Chinese business, Pinduoduo. Shein does not sell its wares in the country, but it does rely on Chinese tech talent for its algorithm.
1hon MSN
President Donald Trump has gotten worrisome news about how the U.S. economy is battening down for potential fallout from his ...
China on Wednesday passed a new law aimed at boosting confidence in the private sector and strengthening its role in the ...
West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall ...
A slowdown in commerce between the United States and China caused by escalating tariffs was evident in a report Wednesday on ...
China's solar manufacturers reported losses this week as U.S. President Donald Trump's trade war put further pressure on ...
China's official April manufacturing PMI fell to 49.0 from 50.5, marking a 16-month low. A silver lining was a ...
Some third-party merchants who previously sold China-made goods during Amazon's premier July shopping event are sitting it ...
The U.S.-China trade war fallout has begun. The Port of Los Angeles anticipates plummeting cargo traffic until a deal on ...
Also in today’s newsletter, Canada’s Carney prepares to take on Trump, and China’s copper stockpiles set to run out ...
The trade war between the United States and China has put more than US$140 billion worth of American exports and thousands of jobs at risk, according to a new report by a US business lobby group.
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