Nike set to build China HQ in Shanghai

Source: 
Shanghai Daily

Sportswear and equipment supplier Nike will build its China headquarters in Shanghai to further penetrate and cement its 30-year roots in the Chinese market.

The 54,575 square-metre headquarters will be located in Yangpu District and is due to open in the first quarter of 2014 to support its long-term business growth strategy, the US-based firm said on Monday. 

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