USPS Bans China: Chinese E-Commerce Stock Crashes!

USPS Bans China: Chinese E-Commerce Stock Crashes!

In a major development, the United States Postal Service (USPS) has temporarily halted the acceptance of parcels from China and Hong Kong. This decision has sent shockwaves through the e-commerce industry, particularly affecting Chinese platforms like Shein and Temu.  The immediate consequence? A sharp decline in the stock prices of major Chinese e-commerce companies. According…