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US Senator Urges SEC to Block Shein IPO Unless China Operating Risk Disclosed

Why the Shein lawsuit is going after its algorithms.
Opposition from Republican Senator Marco Rubio is the latest political obstacle for Shein as it attempts to list publicly. (Shutterstock)
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Republican Senator Marco Rubio asked the US Securities and Exchange Commission to block Shein’s bid to list publicly in New York unless the e-tailer makes additional disclosures about its business operations and “the serious risks of doing business” in China.

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