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Anta Sports' rise came after a series of mergers and acquisitions of leading international sports brands. A consortium led by Anta Sports completed the purchase of Finnish sporting goods company Amer Sports on April 11.

Annual dairy product sales in China are predicted to grow 16.8 percent to 480 billion yuan by 2023. Currently, China is the second-largest dairy market globally, following the United States. This year, total sales of dairy products are expected to reach billion in the US, Euromonitor found.

Answering whether China and the EU will reach consensus in global trade and investment, Lu said both sides agreed to expand economic and trade cooperation, support and promote economic globalization at the 7th China-EU High-level Economic and Trade Dialogue in Beijing last month. Both sides also agreed to fight unilateralism and trade protectionism and safeguard the rule-based multilateral trading system, he said.

Another document filed alongside Farrell’s response sheds a little more light on how Amazon enforces non-compete agreements, which is confusing both internally and externally, as I reported last week. Farrell described his last two weeks at Amazon in a court filing, saying that his manager, Charlie Bell, “insisted that I speak with Andy Jassy, the CEO of AWS, before finalizing the decision to leave Amazon.”

Ant Group set the price at 68.8 yuan (.27) per share for the Shanghai tranche of its dual share-floating plan, the company said in a filing to the Shanghai Stock Exchange on Monday.