Since 2015, the country’s government, businesses and investors have therefore taken an active role in acquiring overseas football assets. Several clubs have been procured, including England’s Wolverhampton Wanderers, Southampton and West Bromwich Albion, Ado Den Haag in the Netherlands, and the Czech Republic’s Slavia Prague.November 11, 2019
China is the world’s biggest country, populated by 1.4 billion people. It also has the world’s second largest economy behind the United States, with a national income in excess of $12 trillion and annual economic growth over the last 30 years often reaching double digits.
However, the country’s economic reformation has recently, in relative terms, begun to stall, with growth now down to around 6%. The Chinese government therefore worries about the future, especially how it will meet the needs of its population whilst at the same time sustaining the country’s economic growth.
One of the ways in which Bejing hopes to tackle these issues is by building its sport industry, which it wants to become the world’s biggest by 2025.