By Martin Baccardax Nike will need to navigate a host of near-term risks, particularly in China, as it moves into the second half of a challenging year for the sports apparel giant. Nike (NKE) – Get NIKE, Inc. Class B Report shares moved higher Monday ahead of its third quarter earnings report, with investors focused on the impact of supply chain disruptions, China’s Covid surge and the fastest U.S. inflation rates in forty years on the the sports apparel giant’s full-year outlook. China remains a lynchpin for Nike’s near-term growth, both in retail and supply chain terms, and its weakness in …