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Chinese Brands Expand Globally Amid US Tariff Barriers

5/20/2026

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Story summary
  • China’s firms are moving to global branding, shown by Shein’s deal with Everlane and Kering’s stake in Icicle.
  • Luckin Coffee is testing New York with app ordering and a blood-orange cold brew.
  • Pop Mart’s shares fell about 20% this year as investors fear reliance on Labubu collectibles.
  • BYD has grown in Europe and South America but stays barred from the United States due to high tariffs.