Shein Executive Chairman Donald Tang will step down as his mission of taking the company public nears completion, three sources with direct knowledge of the matter said on Monday, retreating to an advisory role after three years as the public face of the global fast-fashion retailer.
A Chinese-American billionaire who began his career in banking, Tang has acted as the Western proxy of secretive Shein founder Sky Xu, liaising with politicians and regulators around the world while also representing the e-commerce group at conferences and other public events
The US Department of Defence said on Monday it would invest US$25 million in rare earths start-up ReElement Technologies, part of a broader push by the Trump administration to boost domestic supplies of critical minerals and challenge China’s dominance of the sector.
ReElement aims to use a novel processing technology to refine rare earths and other critical minerals at its planned commercial facility in Marion, Indiana.
The rare earths are
For decades, Western carmakers complained that China forced them to hand over technology in exchange for access to the world’s largest auto market.
Now the tables have turned.
As Chinese carmakers capture global market share with cheaper, high-quality electric vehicles, countries including Canada and members of the European Union are embracing a “reverse tech transfer” strategy – by seeking Chinese investment and technology to strengthen their own industries.
The United States, however, is taking the opposite approach.
Tariffs on Chinese EVs have expanded, Chinese
17 Mexican citizens have died in US Immigration and Customs Enforcement custody or in federal raids since Trump’s return to the White House
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Mexico said on Monday it does not seek conflict with the United States but must stand up for its citizens as it seeks criminal charges over the killing of several Mexicans by US immigration authorities.
The United States on Monday announced a campaign against the Hague-based International Criminal Court (ICC), accusing the tribunal of posing “an intolerable threat to US sovereignty” and threatening sanctions.
Most European Union countries on Monday called for the bloc to put forward a proposal on banning the import of products from Israeli settlements, EU foreign policy chief Kaja Kallas said.
“The option that got the most support was banning the trade with the illegal settlements,” Kallas said after a meeting of the bloc’s foreign ministers.
“We tasked ambassadors to take this work forward and also ministers agreed that, if necessary, we can
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The 2025-2026 academic year concluded with celebratory milestones for Christian Alliance International School (CAIS) as it proudly sent off its largest graduating cohort to date.
Diverse Pathways and Academic Excellence With outstanding academic results, CAIS students have earned well-deserved recognition from universities worldwide. This year’s graduates received offers from distinguished institutions, including McGill University, the University of Toronto, The University of British Columbia, Imperial
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As Hong Kong looks to develop all aspects of the sports sector, from grass-roots participation to elite-level competition, it is essential to have a strong and effective governance structure in place to oversee day-to-day activities, policy implementation and high-profile mega events.
Enter the Sports Governance and Integrity Alliance (SGIA), a new partnership between the Sports Federation and Olympic Committee of Hong Kong, China (SF&OC
