Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing

How 300 Million Chinese Basketball Players Can Make You Rich

Back in October, we talked about how China's decision to abandon its longstanding one-child policy was going to have a dramatic impact on three key companies.

One of the largest being Nike Inc. (NYSE: NKE).

As China's wellness mega-trend continues, health-conscious consumers have seen fitness, sportswear and healthy food brands making strides in the world's most populous country.

According to IBIS World, gym and health-club revenue in China has nearly doubled since 2010 - and is expected to total more than $5 billion in 2016.

Leave a Reply

Your email address will not be published. Required fields are marked *

Some HTML is OK