Li Ning feels lethargy due to Chinese consumption decline, profits down 8 percent in the first half of the year
Chinese sporting goods giant Li Ning is hoping to ride the wave of the Paris Olympics to attract more customers after reporting an 8 percent drop in profit amid uncertain economic prospects. The Beijing-based company posted a profit of 1.95 billion yuan ($217.7 million) in the six months through June, according to a filing with […]
