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Nike To Close Shoe Plant In China

According to reports in local media, the U.S. footwear giant Nike has decided to close its shoe plant in Taicang, Jiangsu. Zhu Jinqian, a spokesperson for Nike China, said that Nike plans to move its...

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Uni-president May Acquire Shanghai Huiyuan For CNY300 Million

Taiwan's Uni-president Group recently announced plans to acquire Shanghai Huiyuan, a wholly-owned subsidiary of Huiyuan Juice, for CNY300 million. According to the Taiwanese company, they will only...

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