China’s ‘Victoria’s Secret Town’ in Guanyun faces threat as Biden, Trump eye tariff crackdowns

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China’s ‘Victoria’s Secret Town’ in Guanyun faces threat as Biden, Trump eye tariff crackdowns - Malay Mail

Quick Summary:

GUANYUN (China), Dec 16 — In an industrial park being built with Chinese state support in the middle of a sprawling farm...

The development of the lingerie industry in eastern Guanyun county, 290 km from the metropolis of Nanjing, has exploded partly due to a U.S.tariff exemption likely to soon be curtailed or scrapped.

It has fuelled the meteoric rise of Chinese e-commerce firms such as Shein and PDD Holdings’ Temu, as well as producers like Lei selling through those platforms, while also being exploited for criminal ends, such as fentanyl trafficking.Efforts by U.S.