This case study analyzes Shenzhou International, a major Chinese textile and apparel manufacturer, examining its business strategies and performance within the global apparel industry. The analysis begins with an overview of the industry's value chain, cost structures, and the roles of various players, including governments and international organizations. It then identifies key factors contributing to Shenzhou International's success, such as its strategic partnerships, production capabilities, and focus on research and development. The study further explores the application of Vernon's Product Life Cycle and Transaction Cost Minimizing approaches to explain the company's growth and market positioning. Additionally, the case study assesses the impact of the COVID-19 pandemic on Shenzhou International, focusing on supply chain disruptions, changes in global demand, and the company's adaptation strategies. The analysis also covers the role of monetary and fiscal policies in mitigating the economic impacts of the pandemic, with specific examples from China's response. Finally, the case study addresses the strategic decisions of Shenzhou International, including its plant setup in the US and the implications of these choices on its overall business performance and future prospects.