Risk Factors: Chinese companies are exploiting American capital markets ...Middle East

The Chinese fast fashion giant Shein has filed to go public in the U.S., with Goldman Sachs, JP Morgan Chase, and Morgan Stanley as lead underwriters. The IPO is projected to raise billions. It is also colored by controversy. Shein has faced pushback — and litigation — for everything from labor abuses to trademark infringement. It has been accused of everything from unsustainable production practices to tax evasion. But even those controversies pale in comparison to a bigger question, and controversy, about the Shein IPO. It underscores a dangerous rift between the U.S. policy narrative in Washington, D.C., and the U.S. market reality as reflected on Wall Street and in Silicon Val

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Risk Factors: Chinese companies are exploiting American capital markets ...Middle East

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