This podcast episode explores the challenges faced by Shein, a Chinese apparel company, as it navigates the expectations and regulations of both U.S. regulators and the Chinese government. The company has faced scrutiny over its ties to China and concerns about labor practices, particularly regarding forced labor in Xinjiang. Shein has made efforts to reduce the presence of Xinjiang cotton in its supply chain, but still faces challenges in addressing this issue publicly. Additionally, Shein's attempt to start the IPO process in the U.S. has been complicated by the SEC's requirement for public filing, raising concerns about interference from politicians and Chinese government officials. This situation reflects the broader difficulties faced by Chinese companies in straddling between the U.S. and China amidst their geopolitical tensions.
