The Beautiful Game Has Turned Ugly In China
Mar 02 2021, 9:21 AM
March 02 2021, 5:07 AM
March 02 2021, 9:21 AM
(Bloomberg Opinion) In November 2020, Jiangsu Football Club clutched the China Super League trophy for the first time, having beaten eight-time champion Guangzhou Evergrande. Today, with a new season about to start, it is out of business: Pressure on embattled retailer Suning Appliance Group Co. forced the conglomerate to reconsider its investment in the team. Chinaâs soccer bubble is rapidly deflating.
(Bloomberg Opinion) In November 2020, Jiangsu Football Club clutched the China Super League trophy for the first time, having beaten eight-time champion Guangzhou Evergrande. Today, with a new season about to start, it is out of business: Pressure on embattled retailer Suning Appliance Group Co. forced the conglomerate to reconsider its investment in the team. Chinaâs soccer bubble is rapidly deflating.
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Xi hails miraculous achievement of poverty reduction, inspiring nation for higher goals with spirit of poverty alleviation
Liu Caiyu Published: Feb 25, 2021 09:04 PM
Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, inspects poverty alleviation work in a tea farm of Laoxian township, Pingli county of Ankang, Northwest China s Shaanxi Province, on April 21, 2020. Photo: XinhuaChinese President Xi Jinping solemnly declared complete victory on eradicating extreme poverty in China at a national commendation conference on Thursday - four months before the centennial of the founding of the Communist Party of China (CPC) - marking another great miracle the Party leading the world s most populous nation has accomplished.
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