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Betrayal: Major brands lose their footing as they walk the China tightrope
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April 16, 2021 11.59am
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Asics had got itself in a twist. Like its eponymous logo, the sportswear company had wound itself up on its position in its fastest-growing market.
In 2020 it had forecast “above-market growth in China,” sales were worth $464 million, the new headquarters in Shanghai would have its operations extended. Up to 12 per cent of its global market was in China, a higher ratio than many of its competitors, and it wanted this number to grow ahead of this year’s Tokyo Olympics and next year’s Beijing Winter Olympics.
Betrayal: Major brands lose their footing as they walk the China tightrope smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.
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Idriss Deby Itno Seeks 6th Term In Chad Election
Chadian President Idriss Deby Itno closed his campaign on Friday in N Djamena, seeking to extend his three-decade long rule - the sixth time he has run for office.
Chadian President Idriss Deby Itno closed his campaign on Friday in N Djamena, seeking to extend his three-decade long rule - the sixth time he has run for office.
Arriving at a stadium in the capital for a rally, he greeted his supporters from the top of a truck.
Speaking at the rally, Deby told thousands of supporters that there are Chadians who call themselves leaders of political parties or civil society, who want to damage the headquarters of CENI (Independent National Electoral Commission) .
Northlines
Nilesh Kunwar
Two years ago, while speaking on the occasion to mark 100 days of his government being in office, Prime Minister Imran Khan made many a boast and promises. Besides waxing eloquent on turning Pakistan into aÂ
âmodel Islamic welfare state,â he also hit out at his Indian counterpart by saying,Â
âWe will show the Modi government how to treat minorities.â Unfortunately, despite this bold assurance, instances of atrocities against minorities in Pakistan have increased many fold under Khanâs watch.
US Ambassador-at-Large for International Religious Freedom, Samuel Brown back has made things embarrassing for Khan by making it clear that as far as Pakistan was concerned,Â