Page 15 - Ivan Su News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Neon Nettle - China's Influence over American Elites and Big Tech Exposed - Links revealed in bombshell exposé by investigative reporter Peter Schweizer

The New York Post recently published an excerpt of Peter Schweizer's new book "Red-Handed: How American Elites Get Rich Helping China Win," which outlines how American elites — including the Silicon Valley Masters of the Universe — purposefully aid the communist regime of China.

Adidas and Nike sales suffer from Chinese backlash Sales of Adidas and Nike in China have fallen, as consumers continue to boycott the brands in favour of domestic operators. Ivan Su, equity analyst at investment company Morningstar, said overall sales of sports clothing and footwear has declined 11% year on year in April at Chinese ecommerce site Tmall. Morningstar attributed the fall to Chinese consumers’ boycott of international sportswear brands. In the month Adidas’s online sales showed the biggest fall of the brands tracked by Morningstar: 78% in April compared with the same month i...

China against western brands Adidas and Nike are feeling the effects of a consumer boycott in China. According to a note from Morningstar analyst Ivan Su, online sales of Adidas and Nike products on Alibaba's Tmall platform fell by 78% and 59% respectively year-over-year in April. Chinese consumers snubbed the sportswear brands over statements they had made expressing concerns over alleged forced labor practices in the Xinjiang region in China. Tmall is China's largest online business-to consumer-platform. Advertisement Meanwhile, Chinese athleticwear brands Anta and Li Ning "reaped" the rewa...

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