How the world’s biggest online dollar store got sucked into Trump’s trade war
Bloomberg reports that to see Temu as a mere peddler of cheap products is to misunderstand the appeal of a dollar store.
Jiaxing is a thriving manufacturing hub located near the mouth of the Yangtze River. Despite having a population twice the size of Chicago’s, the city isn’t well-known outside China, but people on the mainland recognize it as the town of scissors and blades. There are about 80 factories here specializing in hair clippers, pet-grooming equipment, sheep shears, kid-friendly scissors and... ...
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