The Beijing Administration for Industry and Commerce has fined Nike almost $780,000 for deceptive business practices. Nike is allegedly selling a basketball shoe that is touted worldwide as having two cushions – but in China it only has one. The price, about $208, is the same as in other markets. China was the only market where the shoe had one cushion. Nike has said it will give refunds to anyone who bought the shoe and is unhappy with it.