Tag: Ji Zhe

Football: China cash curbs to hit European clubs – analysts

SHANGHAI, China (AFP) — China’s crackdown on overseas investments is expected to herald a slowdown in splurging on European clubs and impact teams where it hurts fans the most — on the pitch. It is unlikely that supporters in Italy, Spain and England were aware earlier this month when China’s State Council, or cabinet, moved to restrict Chinese companies from investing in foreign sports clubs, the latest salvo in a wider campaign by Beijing to curb capital outflows. […]