In the News: Adidas’ Alleged China Bribery; Alternative Chinese Fund Raising from US Convertibles; and EU EV Tariffs
Alleged receiving of kickbacks by senior executives in China could subject Adidas to Chinese, as well as German and U.S. investigations; U.S. convertible bond market is used to raise funds by Chinese big tech amid IPO restrictions; and EU tariffs may lead to localization of Chinese EV production.