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The rapid rise of ultra-fast fashion retailer Shein has been so key to the fortunes of a group of urban villages on the outskirts of China’s southern metropolis of Guangzhou that they have been colloquially dubbed “Shein villages”.
Shein was able to become a behemoth selling over $30 billion worth of goods annually on a foundation of cheap prices and advantageous trade rules, such as the US “de minimis” exemption that allows low-cost imports to enter the country duty-free.
But the…
