Qiaodan Sports, a Chinese sports apparel and footwear brand, is countersuing Michael Jordan for damages in a Fujian court, alleging that a suit filed by the U.S. basketball star last year tarnished its reputation and thwarted its plans to go public on the Shanghai stock exchange. Jordan, whose Chinese name is Qiaodan, filed a suit alleging that the company was illegally using his name for its products. The case is under way in Shanghai, without any verdict so far. Qiaodan is demanding compensation of $8 million as well as an apology from Jordan. The Qiaodan brand is sold in about 6,000 stores around China.

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