Amazon’s biggest Chinese rival in the US may be facing ‘home country’ problem

The Chinese government has reportedly intervened to prevent fast-fashion giant Shein – Amazon’s biggest rival – from moving some of its production out of China. The Chinese Ministry of Commerce has allegedly communicated with Shein and other companies, urging them not to diversify their supply chains by sourcing from countries like Vietnam, a report by Bloomberg said, citing sources familiar with the matter.

These requests reportedly came shortly before the after Trump’ announcement of “reciprocal tariffs,” which have prompted businesses to explore ways to circumvent the increased duties.