Super affordable products have enabled the Chinese online shopping apps to dominate the US market - Shein, for example, surpassed Amazon in downloads to become the top shopping app in 2021. But just how do Shein and Temu keep their price tags so competitive? And do their low prices come at a cost?
00:00 Shein and Temu’s popularity in the US
00:33 Shein and Temu’s unusual business models
01:50 Hidden cost for Temu's merchants: Fines and price pressures
02:59 Allegations against Shein of stealing designs
04:02 How do Shein and Temu benefit from a tax loophole?
04:51 Allegations of forced Uyghur labour in China
WATCH THE FULL INSIGHT EPISODE:
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ABOUT THE SHOW: Insight investigates and analyses topical issues that impact Asia and the rest of the world.
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#CNAInsider #CNAInsight #USA #China #Temu #Shein #TikTok #OnlineShopping #ECommerce #Trade
WATCH MORE:
Our Love For Cheap Clothes: What’s The TRUE Cost? | Talking Point | Full Episode
https://www.youtube.com/watch?v=n75jVQTUEE8
Why Gen Z Loves Dupes: Can Cheaper Also Be Better? | Talking Point - Dupes Revealed
https://www.youtube.com/watch?v=xU4YDsNIheg
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