Australian Prime Minister Malcolm Turnbull, left, watches a ball flying past Gui Guojie, general manager of Shanghai CRED Real Estate Stock, after a signing of the memorandum of understanding between the Port Adelaide Football Club, Australian Football League and Chinese sponsorship at a hotel in Shanghai, China on Thursday, April 14. Photo: AP Australian Prime Minister Malcolm Turnbull, left, watches a ball flying past Gui Guojie, general manager of Shanghai CRED Real Estate Stock, after a signing of the memorandum of understanding between the Port Adelaide Football Club, Australian Football League and Chinese sponsorship at a hotel in Shanghai, China on Thursday, April 14. Photo: AP
Australian Prime Minister Malcolm Turnbull, left, watches a ball flying past Gui Guojie, general manager of Shanghai CRED Real Estate Stock, after a signing of the memorandum of understanding between the Port Adelaide Football Club, Australian Football League and Chinese sponsorship at a hotel in Shanghai, China on Thursday, April 14. Photo: AP
James Porteous
Opinion

Opinion

James Porteous

Plenty of bold forecasts in China’s sporting gold rush – but many prospectors likely to lose shirts

For every big hitter like Wanda or Alibaba getting involved in the country’s burgeoning sports industry, there are a host of dodgy-looking operators

Australian Prime Minister Malcolm Turnbull, left, watches a ball flying past Gui Guojie, general manager of Shanghai CRED Real Estate Stock, after a signing of the memorandum of understanding between the Port Adelaide Football Club, Australian Football League and Chinese sponsorship at a hotel in Shanghai, China on Thursday, April 14. Photo: AP Australian Prime Minister Malcolm Turnbull, left, watches a ball flying past Gui Guojie, general manager of Shanghai CRED Real Estate Stock, after a signing of the memorandum of understanding between the Port Adelaide Football Club, Australian Football League and Chinese sponsorship at a hotel in Shanghai, China on Thursday, April 14. Photo: AP
Australian Prime Minister Malcolm Turnbull, left, watches a ball flying past Gui Guojie, general manager of Shanghai CRED Real Estate Stock, after a signing of the memorandum of understanding between the Port Adelaide Football Club, Australian Football League and Chinese sponsorship at a hotel in Shanghai, China on Thursday, April 14. Photo: AP
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James Porteous

James Porteous

James Porteous has been a sports journalist for more than 15 years, covering events all over the world, from Olympics and Champions League finals right down to local amateur action. He writes a weekly column and brings you the latest news and interviews from sport in Hong Kong, China and beyond. Follow him on twitter @jamesporteous