Tag: Sports

Alibaba to Purchase 50 Percent Stake in Guangzhou Soccer Team

Ecommerce giant Alibaba Group recently agreed to purchase a 50 percent stake in a popular Chinese soccer team. The deal, worth ¥1.2 billion ($192 million), was announced Thursday at a news conference in Guangzhou. The club, Guangzhou Evergrande F.C., owned...

/ June 11, 2014

Golf Remains a Controversial but Growing Sport in China

While the construction of new golf courses is banned in China, it’s one of the few countries in the world where courses are still being built. By Ben Baden  Ever since the Communist revolution of 1949, the Chinese government has...

/ July 12, 2013

Re-Thinking the Game Plan

With China’s sports industry in flux, foreign companies have more investment opportunities in the sector.by Matt BeyerOn a steamy afternoon this summer in Beijing, members of the sports press, the old guard of China’s basketball coaching community, and select high-ranking...

/ October 1, 2011