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Brian Yiu, CEO of FILA China, said the brand will continue to be a key revenue earner for Anta Group, though its earnings may still be lower than the Anta brand, on account of slower store openings in the second half of the year due to a changed macroeconomic environment.

Brooks Brothers, the two-century-old menswear company, is reportedly looking for a buyer.

Brand leaders and major retail chains are finding Chinese New Year has a profound effect not just on the global supply chain for their goods sourced from China, but on their retail sales at home as well.

But Bao, who served as a vice-president in charge of legal affairs at Yangtai-based Jereh Oilfield Services Group and an independent non-executive director of ZTE Corporation, denied the adoption relationship and said the woman falsified the facts, the report said.

Both the history and the current interaction between China and Kenya are telling us that there are plenty of reasons for the China-Kenya relationship to become a model in wider China-Africa relations. The China-Africa Cooperation Forum Summit meeting will be held in Beijing next month. The leaders of China and Africa will once again meet in the Chinese capital to review cooperation results after the Johannesburg Summit in 2015, work out a blueprint for cooperation in the new era, and discuss major initiatives as part of a broader plan to create a China-Africa Community of a Shared Future. Through this summit, China-Kenya cooperation also is sure to bear new fruits.