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🛍️ Behind the Cheap Stuff from Shein and Temu

Plus: 💼 Salaries for AI Researchers at Top Companies, 🚢 Attacks Sparked Inflation Worries

January 04, 2024

Chinese factories and vendors that have joined the supply chain for Shein and Temu were drowning in unsold inventory and grappling with razor-thin profit margins, along with intense pressure to cut prices. Read more.

The situation is still dire in the Red Sea as more ships avoid the region — which is bad news for shipping costs. That now has people worried the crisis will fuel inflation. Read more.

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