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The wrinkle in Shein’s IPO plans
Behind the Money
Geopolitical tensions impacting Chinese tech entrepreneurs
The consideration of a London listing by Shein, a Chinese fast-fashion retailer, for its $63 billion IPO highlights the shift in the operating environment for Chinese tech entrepreneurs. The warmer reception in the UK compared to the US signifies the impact of geopolitical tensions between the US and China on the dreams of Chinese entrepreneurs who once aspired to list their companies in the US markets, now facing challenges and uncertainties in the geopolitical landscape.
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