A teenage girl from a wealthy family in China, who was visiting one of the country’s most revered locations, was disrespectful and offensive to tourism staff and ignored their pleas to behave.
Fashion company Shein is seeking Beijing's nod to go public in the U.S., two sources with knowledge of the matter said, a decision which could delay its float plans and comes despite efforts to distance itself from China. The Singapore-based company, valued at $66 billion in a May fundraising according to one of the sources, filed with the Chinese regulator in November to comply with new listing rules for local firms, two sources with knowledge of the matter said. Shein's listing plans are likely not only to face tougher-than-expected scrutiny from U.S. regulators in an election year in the U.S., the sources said, but will also have to go through a lengthy approval process with numerous Chinese regulators.