FAST-FASHION Shein's plan to shift some production out of China has met with opposition from the Chinese government, as beijing seeks to stave off a manufacturing exodus in the face of US tariffs, reports Bloomberg.
The Ministry of Commerce has communicated with Shein and other companies to discourage them from diversifying supply chains by sourcing from other countries, said one person familiar with the discussion.
The person said the requests came in the days leading up to Trump's announcement of 'reciprocal tariffs,' which have spurred firms to look for ways to avoid the duties. It wasn't immediately clear which other firms were contacted.
One way Shein has responded is by halting reconnaissance tours it arranged for its major Chinese suppliers of factories in Vietnam and other Southeast Asian nations, another person said. The sources requested anonymity to discuss private matters.
SeaNews Turkey
The Ministry of Commerce has communicated with Shein and other companies to discourage them from diversifying supply chains by sourcing from other countries, said one person familiar with the discussion.
The person said the requests came in the days leading up to Trump's announcement of 'reciprocal tariffs,' which have spurred firms to look for ways to avoid the duties. It wasn't immediately clear which other firms were contacted.
One way Shein has responded is by halting reconnaissance tours it arranged for its major Chinese suppliers of factories in Vietnam and other Southeast Asian nations, another person said. The sources requested anonymity to discuss private matters.
SeaNews Turkey
