China Digest: Li Ning to buy majority stake in UK footwear brand Clarks; Ruiyun Cold Chain, DAISCH raise funding

China Digest: Li Ning to buy majority stake in UK footwear brand Clarks; Ruiyun Cold Chain, DAISCH raise funding

Beijing, China. Photo by zhang kaiyv on Unsplash

Li Ning’s Viva China is set to pick up a majority stake in British footwear brand Clarks, while Ruiyun Cold Chain and DAISCH have raised fresh funding.