In this photo taken on November 16, 2013, Stanislaus State battles Cal State San Bernardino in women’s college soccer. Photo for illustration of sports only. Photo: Alamy

Failed sports deal puts murky US$3.3 trillion market in China back into spotlight

  • China Merchants Bank used proceeds from a wealth-management product to invest in European sports-rights agency later dissolved by court
  • Episode illustrates risks lurking in China’s market for wealth management products
Topic |   China economy

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In this photo taken on November 16, 2013, Stanislaus State battles Cal State San Bernardino in women’s college soccer. Photo for illustration of sports only. Photo: Alamy
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