The Pleasure Island of Shein

Shein’s Fast Fashion business reminds me of the barker in Pinocchio, (to paraphrase) “Get your tank tops, dress, sweaters, and t-shirts! Buy all you can! Be a glutton! Stuff your bags! Hurry, hurry, hurry, hurry!” Who could imagine that a small order-fulfillment Chinese company with almost no garment manufacturing experience would become the world’s largest…

CPA Urges House Financial Services Committee to Crack Down on Chinese Outbound Capital Market Investment

Urges Lawmakers to Scrutinize PCAOB Deal with Chinese Auditors WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement following a House Financial Services Committee hearing on combating the economic threat from China, which saw both Democrats and Republicans express concern and call for policies to address China’s ability to raise money from…