XI promotes “Made in China”: German corporations are under pressure in China

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28/10/2022

XI promotes “Made in China” German corporations are under pressure in China

vonJörn Petring

The Chinese sporting goods manufacturer Anta Sports is ranked by Adidas.

Bild: imago images

VW is just an example.Other German top German companies are also under pressure in China.Last but not least political: Anta Sports is ranked by Adidas.

When China's President Xi Jinping visited the construction work for the Olympic Winter Games in February 2022 for the first time in the mountains north of Beijing, the shares of the Chinese sporting goods manufacturer Anta Sports Products rose sharply.Investors were delighted that XI showed himself in a winter coat on which not only the Chinese flag and the Olympic rings were embroidered, but also the red logo of Anta.