John Emont

You know, the fact these CEOs are coming to China means that they still see some potential there.

And obviously, they're hoping to get better market access.

But what we also see is that a lot of this isn't political.

A lot of the reason why Chinese consumers are not choosing American brands is not because the Communist Party has turned on American brands necessarily, but just because their products aren't seen as especially competitive.

So that's something that no meeting between Trump and Xi is going to be able to fix.

Producing a shoe is actually a lot more difficult than you might imagine.

Producing a shoe is actually a lot more difficult than you might imagine.

Producing a shoe is actually a lot more difficult than you might imagine.

So there's a reason why it's always done in a very labor-intensive way. And that's because the fabrics that make up a shoe, their dimensions change based on the temperature, based on the humidity. And so if you're, say, the person who's in charge of gluing the sole of the shoe onto the upper part of the shoe...

So there's a reason why it's always done in a very labor-intensive way. And that's because the fabrics that make up a shoe, their dimensions change based on the temperature, based on the humidity. And so if you're, say, the person who's in charge of gluing the sole of the shoe onto the upper part of the shoe...

So there's a reason why it's always done in a very labor-intensive way. And that's because the fabrics that make up a shoe, their dimensions change based on the temperature, based on the humidity. And so if you're, say, the person who's in charge of gluing the sole of the shoe onto the upper part of the shoe...

You can easily adjust if, say, you realize that this sole is a little smaller than the last sole. You'll still know where to put the glue. But a machine is going to really struggle if the dimensions of the shoe are a little different.

You can easily adjust if, say, you realize that this sole is a little smaller than the last sole. You'll still know where to put the glue. But a machine is going to really struggle if the dimensions of the shoe are a little different.

You can easily adjust if, say, you realize that this sole is a little smaller than the last sole. You'll still know where to put the glue. But a machine is going to really struggle if the dimensions of the shoe are a little different.

And then by the time they got it and they were feeling, I think, you know, rather proud of this fact, Nike had already moved on to a new shoe where that method no longer worked.

And then by the time they got it and they were feeling, I think, you know, rather proud of this fact, Nike had already moved on to a new shoe where that method no longer worked.

And then by the time they got it and they were feeling, I think, you know, rather proud of this fact, Nike had already moved on to a new shoe where that method no longer worked.