The CAC's scrutiny of Shein, which has never sold products in China and moved its global HQ to Singapore in 2021, shows the long reach of Chinese regulators (Bloomberg)
Bloomberg:
The CAC’s scrutiny of Shein, which has never sold products in China and moved its global HQ to Singapore in 2021, shows the long reach of Chinese regulators — – Shein still subject to review despite selling nothing in China — Process revives memories of Didi probe that forced delisting