Vietnam Suspends Chinese E-commerce Platforms Temu and Shein, as They Face Global Crackdown
Vietnam Suspends Chinese E-commerce Platforms Temu and Shein, as They Face Global Crackdown
.
Once rapidly rising and gaining global popularity, China’s e-commerce platforms Temu and Shein now face major challenges. Not only has President Biden issued a decree to block nearly one billion dollars worth of tax-free Chinese goods from entering the U.S., but the European Union has also begun investigating the legitimacy of Chinese e-commerce. Even small Asian countries are now pushing back, attempting to prevent the spread of China’s e-comyimerce dominance.
.