Answer:1995
Step-by-step explanation:
This was a significant move for the company, as it was one of the first major international brands to enter the Chinese market. At the time, China was a relatively untapped market for Western consumer goods, and Nike saw a huge opportunity to establish itself as a leading sportswear brand in the country.
The impact of Nike's entry into the Chinese market was significant, not only for the company but also for the wider Chinese retail industry. Nike's brand recognition and marketing power helped to increase interest in sportswear and athletic fashion among Chinese consumers, who were starting to become more health-conscious and interested in sports and fitness.
Over the years, Nike has continued to invest in its brand and retail presence in China, opening more stores and expanding its product lines to appeal to a wider range of customers. Today, Nike is one of the most popular sportswear brands in China, with a strong reputation for quality and innovation. Its success in the country has helped to establish it as a global leader in the sportswear industry and a powerful brand with a strong global presence.