China immediately banned dual-use exports to 14 EU entities including Rheinmetall, Tatra Trucks and Cavok UAS after the EU's 21st Russia sanctions package targeted Chinese firms aiding Moscow. The tit-for-tat move tightens supply chains and raises compliance risks across defense and industry. Beijing cited national security while the EU seeks clarification. This escalation shows how the Ukraine war now directly shapes Europe-China trade policy.
Nike will cut ties with thousands of online distributors in China from January to regain control of its digital sales amid two years of declining revenue. The move shifts business to official channels on Tmall, JD.com and Douyin but risks short-term disruption and market share loss to local rivals. Executives hope tighter oversight will restore brand consistency and pricing power in a fragmented marketplace. The strategy echoes past wholesale changes with uncertain results.
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