# Why Chinese Customers Are Running From Nike Page: https://stenobird.com/podcast/the-journal-547598/why-chinese-customers-are-running-from-nike Text version: https://stenobird.com/podcast/the-journal-547598/why-chinese-customers-are-running-from-nike.md Podcast: [The Journal.](https://stenobird.com/podcast/the-journal-547598) Published: 2026-05-20T20:19:00+00:00 Episode link: https://pdst.fm/e/traffic.megaphone.fm/WSJ8373218446.mp3?updated=1779314975 Audio file: https://pdst.fm/e/traffic.megaphone.fm/WSJ8373218446.mp3?updated=1779314975 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-journal-547598/episodes/why-chinese-customers-are-running-from-nike Duration seconds: 1243 ## Resource Nike co-founder Phil Knight visited China nearly 50 years ago and dreamed of selling sneakers. He laid out an ambitious vision—“One billion people, two billion feet”— it was an ambitious strategy. By 2010, China was among Nike’s most lucrative markets, offering a blueprint for U.S. companies seeking to cash in on China’s rise. Today, Nike’s China business is bleeding. WSJ’s Jon Emont explores the cautionary tale of Nike’s rise and fall in China. Ryan Knutson hosts. Further Listening: - Can Nike Make Its Shoes Cool Again?. - The Missteps That Led Nike Off Course - The Chinese Coffee Giant Taking on Starbucks Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-journal-547598/episodes/why-chinese-customers-are-running-from-nike/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-journal-547598/why-chinese-customers-are-running-from-nike.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.