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<p dir="auto">China's economy was just starting to open up in the late 1980s when a determined high school dropout made his way to Beijing with 600 pairs of shoes.<br />
Ding Shizhong had them made in a relative's factory and now he was going to sell them. The money he earned paid for his first workshop where he began making footwear for other companies.<br />
The 17-year-old was one of China's many newly minted entrepreneurs as capitalism took off under the watchful eye of its Communist Party rulers.<br />
But, as it turns out, Ding had much bigger plans.<br />
His business has since grown into a sportswear powerhouse called Anta, which has been building a stable of international brands, including Arc'teryx and Salomon. Most recently it bought a stake in Puma.<br />
Now it is trying to take on the likes of Nike and Adidas, a goal that Ding spelled out in 2005: "We don't want to be the Nike of China, but the Anta of the world."<br />
Anta may not be a household name in the West yet, but it has more than 10,000 shops in China and sponsors top athletes like freestyle skier Eileen Gu.<br />
In February, it opened its first US outlet - a flagship store in Los Angeles' upscale Beverly Hills area.</p>
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<p dir="auto"><a href="https://www.bbc.com/news/articles/c87r2d850q4o" target="_blank" rel="noopener noreferrer nofollow ugc">https://www.bbc.com/news/articles/c87r2d850q4o</a></p>
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