China’s Shein and Temu get more bad news as Washington cracks down on an e&commerce loophole

Alibaba and smaller rival JD.com sagged about 2% in Hong Kong Monday, as investors parsed the potential fallout from U.S. plans to begin taxing packages worth less than $800.

China’s Shein and Temu get more bad news as Washington cracks down on an e&commerce loophole
Alibaba and smaller rival JD.com sagged about 2% in Hong Kong Monday, as investors parsed the potential fallout from U.S. plans to begin taxing packages worth less than $800.