Wall Street Journal, Mar 8, 2013

choi

(1) Laurie Burkitt, In China Race, Addidas Is Hot on Nike's Heels.
http://online.wsj.com/article/SB ... 45741263753994.html
(The brand of Li Ning fading)

Quote:

"Adidas now holds an 11.2% share of China's 148 billion yuan ($23.8 billion) sportswear market, according to market-research firm Euromonitor International, while Nike has 12.1%.

"The push for fashion appears to be working for Adidas in China, said James Roy, a senior analyst at Shanghai-based consultancy China Market Research Group. 'Most people here aren't wearing athletic apparel because they're playing sports,' he said.

Note: None of the photos and graphic appear in print; they are online only.

(2) Eliot Brown and Craig Karmin, China Group Eyes Iconic US Tower; Chinese investors have avoided the spotlight by investing in US real estate through private-equity funds.
(A group led by ZHANG Xin of Soho China Ltd is in advanced discussions to buy a 40% stake in the General Motors building in Manhattan, a deal that would rank as one of the largest purchase of a single US property by a Chinese investor. The sellers, a group og Middle Eastern sovereign-wealth funds joined Boston Properties Inc to buy the building in 2008 for $2.8 billion. The building is presently valued at about $3.4 billion including debt. The building is controlled by Boston Properties, which isn't selling its 60% stake)