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China's Fast Fashion Apps Become New Geopolitical Battleground

TheMotleyFool

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Washington isn't just dressing down Chinese tech giants.

Online fast-fashion darlings are facing the same geopolitical headwinds buffeting the likes of TikTok and Huawei. Shein, the company that bulldozed a path to Western consumers for fellow China-based fast-fashion apps, took a valuation haircut of around $34 billion on Wednesday.

Source Fool.com

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