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Nike Shares Lose Out to Chinese Sneaker Rivals After Xinjiang Cotton Boycott

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Nike Shares Lose Out to Chinese Sneaker Rivals After Xinjiang Cotton Boycott

(Bloomberg) — A wave of patriotic buying fueled by the Xinjiang cotton controversy is helping shares of Chinese sportswear makers outperform global peers.
Chinese consumer support in response to the alleged human-rights issues in Xinjiang region has boosted…

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