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Interesting US-China Basketball Top News

Interesting US-China Basketball Top News

Chinese Vice President Xi Jinping wrapped up his five-day visit to the U.S. on Feb 17th at Staples Center, where he attended a Los Angeles Lakers-Phoenix Suns basketball game, where he was presented with a jersey with his name on it in the company of Lakers legend Magic Johnson, soccer star David Beckham and Los Angeles Mayor Antonio Villaraigosa. http://on.msnbc.com/xRbIb6 Kobe … Continue reading

From The Publisher

  • China Daily: China's sports industry sets five-year target  The General Administration of Sport of China recently released the 12th Five-Year Plan (2011- 2015) for the sports industry. The group set a target for the industry's industrial added value to increase over 15 percent annually, the Shanghai Securities News reported Tuesday. According to the plan, by the end of the 12th Five-Year period, the industrial added value of the sports industry should exceed 400 billion yuan ($61.47 billion), accounting for over 0.7 percent of the total GDP. By 2015, the sports industry should hire a total of over 4 million employees. And the industry should become one of the important growth points of China's economy, according to the report. The plan promotes the building of sports industry bases, sports enterprises and sports brands. The specific measures include supporting the investment and financing of the athletics industry and carrying out related tax incentives, the newspaper reported.
  • China Daily: Chinese laud Yao BEIJING - Although iconic center Yao Ming's possible retirement is yet to be officially announced, Chinese hoops celebrities and fans have already begun to recall the giant's outstanding career - along with some of his fellow NBA players.  Plagued by a series of foot injuries, the Houston Rockets' all-star center appeared on court only five times over the past two seasons and was reported by multiple sources to have retired from the game on Saturday... Continue reading
  • China Daily: Dalian Wanda to inject $77.3 millions to boost Chinese soccer BEIJING - Fresh from the recent disappointment of its Olympic team failing to qualify for next year's London Games, the Chinese Football Association (CFA) launched a huge salvage campaign on Sunday by reaching a multi-million-dollar deal with a domestic company to support a new youth development program. According to the contract, Wanda will inject 500 million yuan ($77.3 million) over three years to boost the sport in China in terms of youth development, domestic league upgrading, referee training and inviting world-class foreign coaches to help the men's and women's national teams...Continue reading
  • LA Times: Kobe Bryant might take part in exhibition games in China  Kobe Bryant and his agent, Rob Pelinka, are trying to put together a tour to China by NBA players, says Minnesota Timberwolves rookie Derrick Williams, who also is represented by Pelinka. The games likely would be played in Shanghai... Continue reading
  • China Daily: NBA China Boss Upbeat about Future  BEIJING - Despite the absence of hoop icon, Yao Ming, newly-appointed National Basketball Association (NBA) China's CEO, David Shoemaker, has faith in the sport's foundation here and has vowed to keep its momentum going. "I don't see (Yao's) uncertainty is having a negative impact. In fact, I think it has generated a whole lot of interest," said Shoemaker, who officially assumed the post on June 1, replacing Tim Chen... Continue reading            
  • SLAM ONLINE | » NBA Players to Join Exhibition Tourney in China During Lockout?.
  • CNN: Li Na makes history with French Open triumph China's Li Na became the first Asian tennis player to win a grand slam singles title as she defeated defending champion Francesca Schiavone in the final of the French Open on June 4th...Continue reading  

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