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Annam Manthiram

Anyone eager for Jeff Bezos’ moment in the Congressional hot seat, previously occupied by the likes of Bill Gates and Mark Zuckerberg, probably shouldn’t hold their breath.

Anta Sports Products Limited, a leading sportswear company based in Xiamen of Fujian province, has seen its half-year revenue less affected by the impact of COVID-19, boosted mainly by the growth of its fashion sports brand Fila.

Apart from the housing sales market, JD.com has also entered the housing rental sector. Beijing Jingdong Shangke Information Technology, a subsidiary affiliated to JD.com, has won a bid from the Beijing housing rental supervision platform to provide technical support, according to an announcement on the official website of Beijing Municipal Commission of Housing and Urban-Rural Development.

Apart from being poor at branding and design, many Chinese toy companies also find themselves caught in price competition and lag behind in intellectual property protection awareness. For example, in late April, police busted the Shenzhen-based Longjun Toy Factory for counterfeiting Lego products in a scandal involving more than 200 million yuan ( million).