As sales in China go up, the global sportswear supply chain is shifting away.
Nike and Adidas are the leading sportswear brands in China, and globally. Nike released a collection in 2019 that celebrated the Lunar New Year. Credit: Nike
China’s reign as “the world’s factory” hasn’t yet come to an end. But the phrase no longer has the same ring of truth.
Multinational sports apparel companies have been shifting their operations out of China for some years now, motivated largely by rising factory worker wages. Top producers have meanwhile come under increasing pressure to swear off sourcing cotton from Xinjiang, amid mounting global criticism of China’s policies towards the Uighur population there.
S
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Walmart should be in trouble in China, where its competitors are in retreat and its sourcing operations have been criticised by both Beijing and Washington. But the American retailer seems to have found a way forward in a difficult sector and remains one of the biggest benefactors of China-U.S. trade.
The Commerce Department wants to expand export controls to majority-owned subsidiaries of Chinese companies. That could trigger cascading effects — and challenges.
Navigate China's Business Landscape with Confidence.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy