Shein plans USD 2.3 billion supply chain hub
What: Plans to invest USD 2.3 billion to build a global supply chain center in the southern port city of Guangzhou.
Why it is important: Shein is becoming a giant in the retail industry and the boost in their supply chain will only make them stronger.
The project will reportedly cover an area as big as three football fields, according to an official document published Tuesday by the provincial Development and Reform Commission, showing planned construction projects for 2022 in Guangzhou.
The South China Morning Post said that as of Friday, the document could no longer be found on the government website.
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