Name: Lawmaker Condemns US Banks for Backing Chinese Online Retailer Shein’s IPO
Uploaded: 2026-08-27T21:52:14.000Z
Description: The chairman of the House Select China Committee is condemning U.S. banks for bankrolling Chinese online retailer Shein’s public launch on the Hong Kong Stock Exchange.

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The chairman of the House Select China Committee is condemning U.S. banks for bankrolling Chinese online retailer Shein’s public launch on the Hong Kong Stock Exchange. Fast fashion company Shein has faced growing scrutiny across the world, with investigations and lab tests finding that some of Shein’s clothing has ties to cotton from China’s Xinjiang region, an area where Uyghurs are subject to forced labor.

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Lawmaker Condemns US Banks for Backing Chinese Online Retailer Shein’s IPO

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