China may possess the world’s second-largest economy already but there is mounting evidence the country actually matters much, much more.
During the latest summer football transfer window where teams buy and sell players the fledgling Chinese Super League CSL posted the third-biggest trade deficit behind the all-powerful English Premier League and German Bundesliga.
This follows January’s window when the 10-year old CSL posted the biggest deficit of all at 36.6 million 15.4 million more than even England, home to the world's richest league and biggest overall spenders.
“The Chinese Super League is emerging as a net importer of overseas talent as...