From China - Foreign investment in sports "only restricted, not prohibited"

From China - Foreign investment in sports "only restricted, not prohibited"

After the statement made yesterday to Telelombardia by former president of Italian and Chinese Chambers of Commerce Fu Yixiang, who talked about the Chinese government’s absolute veto of any foreign investment in football, comes a clarification from the organization itself.

“Mr. Fu Xiang, since 2016, is no longer the vice president of Italian/Chinese Chambers of Commerce. His statements are considered to be his own views. We also would like to point out that the State Council’s note on China’s foreign investment, published on August 18, specifies that investment in sports is restricted but does not fall within the prohibited section.”

Source: FC Inter News

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