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E-commerce giant Shein: 100,000 jobs in Brazil

Asian e-commerce giant Shein will build a factory in Brazil and say it will create 100,000 jobs.

Brazil's Finance Minister Fernando Haddad has made lemonade out of lemons.

A few days ago, he announced an end to the tax exemption for imports of low-value goods from other countries, especially China.

The Ministry of Finance wanted to abolish the rule under which international orders of less than US$50 are exempt from tax, a benefit available only to individuals.

This measure was intended to combat tax evasion by digital platforms such as . . .

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