As Ties to China Turn Toxic, Even Chinese Companies Are Breaking Them
Companies are moving headquarters and factories outside the country and cleaving off their Chinese businesses. It’s not clear the strategy will work. By Ana Swanson Reporting from Washington June 15, 2023, 5:00 a.m. ET “As it expanded internationally, Shein, the rapidly growing fast fashion app, progressively cut ties to its home country, China. It moved its headquarters to …
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