Chinese factories are flooding TikTok with luxury goods. Not so fast, experts say [CNN]
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Source: CNN
Chinese suppliers have been flooding American social media this week, urging users to outflank President Donald Trump's 145% tariffs on Beijing by buying directly from their factories. One TikTok user , who goes by Wang Sen, claims that he is the original equipment manufacturer for most luxury brands, while standing in front of a wall of what appear to be ultra-spendy Birkin bags. OEMs work behind the scenes to make the products that another company then sells under its own brand. “Why don't you just contact us and buy from us? You won't believe the prices we (will) give you,” he said in one clip. His video was later taken down by the app. In the meantime, though, DHgate, an online wholesale store infamous for selling Chinese dupes of luxury goods, has shot to #2 on the US Apple app store. Another app, Taobao, China's OG e-commerce site, is at #7. It's highly improbable that these are real suppliers for brands like Lululemon and Chanel, multiple experts told CNN. Legitimate m
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OGE
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- 10/29/25 - Miss
OGE
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- 12/11/25 - Form 4
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- OGE's page on the SEC website