Adidas Extends China Sports Push in Pact With BillionaireBy
German sports-gear maker to sponsor races and promote soccer
Soccer coaching for 20 million students to help promote brand
Adidas AG signed an agreement with billionaire Wang Jianlin’s Dalian Wanda Group Co. to help develop soccer and basketball in China as the German company seeks to capitalize on increasing interest in sports and fitness in the world’s most populous nation.
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