China targets trillion $ sports growth as Wanda weaves its magic

Liu Peng

December 30 – China’s drive to boost its sports business and make it a key part of its economy was given renewed emphasis this week by the country’s sports minister, Liu Peng (pictured). At the same time the Dalian Wanda Group that has been growing in sports via European acquisition announced it had set up its sports headquarters in Guangzhou, the Capital of Guangdong province.

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