China imposed sanctions on Monday on Japanese lawmaker Keiji Furuya, a close aide of Japanese Prime Minister Sanae Takaichi, due to his "collusion with Taiwan independence" forces, in its latest move in a diplomatic row over Taiwan.
Nike's troubles in China are being laid bare as operational missteps collide with fierce domestic competition and a cooling consumer, revealing execution flaws at the U.S. sportswear giant beyond just a backlash against foreign brands.
A look at the day ahead in European and global markets from Wayne Cole.