PALO ALTO, U.S. -- TikTok parent ByteDance and online clothing seller Shein are rapidly expanding their spending on U.S. lobbying in a bid to minimize the adverse business effects of American lawmakers' scrutiny amid increasing tensions between the U.S. and China.
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ByteDance, Shein sharply boost spending on lobbying in U.S.
Chinese firms seek to minimize effects of alarm over bilateral tensions
ByteDance increased its lobbying spending by 77% in 2023 over the previous year. © Reuters
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