Fast fashion giant Shein, known for its links to China, has confidentially filed for a public listing in London amid backlash in the U.S. The move comes after the company failed to gain support for a U.S. initial public offering due to concerns about forced labor in its supply chain and the use of a tax law exemption. While Shein still prefers to go public in the U.S., its filing in London does not guarantee an IPO there. The company's reliance on China for its supply chain has raised regulatory concerns, with Beijing's approval needed for a U.S. listing. Shein's rapid rise in the U.S. fashion market has put it in the crossfire of geopolitical tensions, leading to increased scrutiny. The company's decision to pursue a London IPO reflects its commitment to transparency and public scrutiny.