Xi Jinping steps out in US$700 parka, giving Chinese sportswear company’s shares a boost

President Xi Jinping’s choice of a cobalt blue parka to protect himself against the cold this week sharply boosted the stock price of the Chinese company that owns the garment’s Canadian manufacturer.The president wore the high-end Arc’teryx winter coat while inspecting venues of the 2022 Winter Olympics and Paralympics in the mountains north of Beijing. The parkas are advertised on Arc’teryx’s official Tmall.com site for 9,000 yuan (US$700). Tmall is an e-commerce platform run by Alibaba,…

This post was originally published on South China Morning Post.

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Alice Yan | radiofree.asia (2024-04-26T22:46:27+00:00) » Xi Jinping steps out in US$700 parka, giving Chinese sportswear company’s shares a boost. Retrieved from https://radiofree.asia/2021/01/21/xi-jinping-steps-out-in-us700-parka-giving-chinese-sportswear-companys-shares-a-boost/.

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" » Xi Jinping steps out in US$700 parka, giving Chinese sportswear company’s shares a boost." Alice Yan | radiofree.asia - Accessed 2024-04-26T22:46:27+00:00. https://radiofree.asia/2021/01/21/xi-jinping-steps-out-in-us700-parka-giving-chinese-sportswear-companys-shares-a-boost/

IEEE

" » Xi Jinping steps out in US$700 parka, giving Chinese sportswear company’s shares a boost." Alice Yan | radiofree.asia [Online]. Available: https://radiofree.asia/2021/01/21/xi-jinping-steps-out-in-us700-parka-giving-chinese-sportswear-companys-shares-a-boost/. [Accessed: 2024-04-26T22:46:27+00:00]

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» Xi Jinping steps out in US$700 parka, giving Chinese sportswear company’s shares a boost | Alice Yan | radiofree.asia | https://radiofree.asia/2021/01/21/xi-jinping-steps-out-in-us700-parka-giving-chinese-sportswear-companys-shares-a-boost/ | 2024-04-26T22:46:27+00:00

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