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June 12, 2021
The Indian Olympic Committee is searching for a new sponsor and kit after dropping Chinese brand Li-Ning, with less than 40 days to go.
June 9, 2021
It just unveiled an Olympic uniform created by a Chinese manufacturer six days ago, but said late Tuesday that it was terminating the partnership out of respect for the "sentiments of the people of...
June 9, 2021
Updated: The major news headlines of the day, and more. Share Article AAA A woman leaves after receiving a COVID-19 vaccine shot at a vaccination centre in Bengaluru June 9, 2021. | Photo Credit: PTI The major news headlines of the day, and more. Terming the vaccination of 70 crore people with at least the first dose by September 2021 as ‘paramount’ for boosting consumers and investors’ confidence and reinvigorating economic growth, the Finance Ministry pitched for it to be taken u...
June 4, 2021
June 3, 2021 A US congressional group is urging players in the National Basketball Association to reconsider their ties to Chinese sports companies that use cotton from Xinjiang. The hub of China’s large cotton industry, the region is where western authorities say the Chinese government is pressing large numbers of Uyghurs and other Muslim minorities into forced labor—charges China vehemently denies. The Congressional-Executive Commission on China, established in 2000 to monitor human right...
June 3, 2021
By now, the uproar over the NBA kowtowing to Beijing over a tweet from Daryl Morey showing support for "freedom fighters" in Hong Kong was a shameful episode that has now been largely [...]
January 20, 2011
We carry aa lot of heritage with us in performance sport. thats why we wanted to go to the united states as a brand rather than a manufacturing powerhouse. >> reporter: nike is still a dominant player in china. do you think they have anything to worry about? >> you know, nike is still 17, 18 times our size at this point. i dont think they have anything to worry. >> reporter: you dont? >> i dont. >> reporter: unless americans start to go ga-ga for li-ning. >> welcome to america. these are shoes. ...
January 20, 2011
Some of its biggest businesses. today we want to introduce to you one of the countrys leading sports brand. its called li ning. it was formed by olympic gold medalist in the 1980s, li ning. he was the guy who literally flew around the birds nest beijing in the spectacular opening ceremony of the 2008 beijing olympic games. it culminated in this iconic shot, really its a fantastic shot. thats him setting the olympic flame ablaze to start the olympic games. very successful games they were, too, ba...
January 20, 2011
Growth. right now, the companys revenue comes from domestic sales, 98.9% of all sales in fact come from chi china. but the country is on a mission and that mission is to expand its international reach and first up is america. the chinese brand is hoping to give u.s.-based nike a run for its money. >> who is this kid? >> his name is henry. hes from china. >> reporter: this viral video starts like a "csi" episode where they suspect a chinese company is bringing fake sneakers into the u.s. these sh...
January 20, 2011
Compete in the u.s. >> these are launching as we speak right now. >> reporter: now li-ning is bringing the battle to nikes backyard, opening its first store in portland, oregon why do you feel its important to go into the u.s. market? >> its by far the largest sporting goods market in the world. all the kids in beijing and shanghai are on the internet checking out the scores of the houston rockets, the philadelphia 76ers. they are following the nba stars. were finding that influence going west t...
January 19, 2011
Others have spurned like sudan. political opposition and claims of security concerns have also stymied deals like cnoocs failed attempt in 2005 to buy americas now-defunct unical. analysts say so far technology at chinas oil titans doesnt match their rivals from the west. but theyre trying to catch up as fast as they can. >> you look back to 2005 when the unical deal fell apart for cnooc, youve seen chinese companies moving into australia and canada and with the announcement of the deal between ...