Promoting US-China Friendship | California USA
![China's coal capital seeks to diversify economic growth [CGTN]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2021/08/Chinas-coal-capital-seeks-to-diversify-economic-growth-CGTN.jpg?resize=525%2C296&ssl=1)
North China’s Shanxi Province is known as the country’s “coal capital.” Local officials have been implementing reforms to diversify its once coal-oriented economy. Shanxi serves as China’s first pilot zone for the energy revolution. In 2016, the Shanxi Transformation Comprehensive Reform Demonstration Area was set up in its capital city of Taiyuan to reduce the economic reliance on coal. Continue reading “China’s coal capital seeks to diversify economic growth”
![Chinese online retailer Shein takes fast fashion world by storm [CGTN]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2021/08/Chinese-online-retailer-Shein-takes-fast-fashion-world-by-storm-CGTN.png?resize=525%2C295&ssl=1)
Shein, the fastest-growing e-commerce company in the world, and perhaps China’s most mysterious, is now taking the ultra-fast fashion market by storm. While its fast-fashion competitors like Zara and H&M are now mired in financial distress brought by the pandemic, Shein’s mobile-first strategy, on top of its quick turnaround and ultra-cheap clothing, has helped it become the clear winner in cross-border e-commerce. Continue reading “Chinese online retailer Shein takes fast fashion world by storm”