The new sneakers represent the Chinese culture with the red-and-gold theme. While Nike hasn't announced the official release date yet, the shoes are expected to launch during the Lunar New Year ...

"The sneaker market hype has benefited me a lot," said Liu. But he actually avoids China's market due to the stiff competition. "There are too many people queueing in China. Not enough shoes." ...

Nike’s LeBron 19 and Chinese sportswear giant Anta’s KT7 basketball shoes showcase the two brands’ flagship technologies. WSJ compares both sneakers to see how a high-performance midsole ...

Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.