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Adidas announces plans to open 3,000 stores in China over the next five years, demonstrating confidence in the Chinese market despite concerns of a slowing economy. The German sportswear company aims to expand its presence to 12,000 stores and broaden its reach to more than 2,200 cities in China. This expansion aligns with Adidas' strategy to tap into the growing demand for sports and athletic gear in the country.
Thursday, 3 March, 2016