China's Huami keeps pace as it goes head to head with Fitbit

Beijing

HUANG Wang isn't lacking for ambition: The chief executive officer of China's Huami Inc is preparing to challenge Fitbit Inc's global dominance with a string of new wearable fitness devices.

The feisty startup and Fitbit's biggest Chinese rival plans to introduce the line of more sophisticated fitness trackers over the coming year - at one tenth the price of the US company's gadgets.

"Over the next year, our entire product line will be about the same as Fitbit's. Whatever they…