Chinese entrepreneurs have made deals with the NBA, FIFA and AC Milan, and now own Wilson Sporting Goods and the Louisville Slugger.
Milan, the birthplace of Dolce and Gabbana and Alfa Romeo, is a quintessentially Italian city. But in recent years, if you attended the storied Derby della Madonnina, the match where the city’s soccer rivals face off, one thing might have stood out: each team has had Chinese investors.
In 2016, the Chinese appliance giant Suning bought a majority stake in Inter Milan — one of the most storied names in Italian soccer — for close to $300 million. A year later, Chinese investors spent more
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When Joe Biden took office, many of his supporters thought the first order of business would be unwinding Donald Trump's trade war with China. But his trade czar, Katherine Tai, has been largely MIA, a stark contrast to her predecessor, the fiery and ubiquitous Robert Lighthizer. So what has Tai been up to?
The academic tells us why it's important to understand the Chinese leader's political beliefs and where they come from — as well as their shortcomings.
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