Retired basketball star Yao Ming said "anything is possible" amid speculation that the former Houston Rockets center is putting together a bid for the Los Angeles Clippers with Chinese investors.
Yao James Conner Womens Jersey , who owns the Shanghai Sharks basketball team in China, is assembling a group to buy the Clippers franchise, sports channel ESPN reported on its website, citing unidentified sources.
The National Basketball Association told owner Donald Sterling last week that it intends to force a sale in the wake of racist comments that got him banned from the league for life.
"I know there are a lot of rumors, but I don't think I have time to clarify the rumors one by one," Yao, 33, told journalists on Sunday in Beijing, where he was attending a graduation ceremony at a basketball school named after him. "Nowadays, sports are globalized, and anything is possible, but so far, there is nothing substantial."
The NBA's Board of Governors has scheduled a June 3 hearing on whether to force billionaire Sterling, 80, to sell the team after a recording of him telling a female friend not to bring black people to Clippers games was made public on TMZ.
Sterling has agreed to let his wife, Shelly, oversee a sale of the team he bought in 1981 for about $12 million, Bloomberg News reported on Friday, citing two people with direct knowledge of their decision. She is seeking more than $1 billion for the team.
A number of suitors have expressed interest in buying what has been Los Angeles's second-tier basketball team behind the Lakers. The possible buyers include music executive David Geffen, whose group of bidders includes Oracle Corp Chief Executive Officer Larry Ellison and mega TV star Oprah Winfrey.
Other interested parties include Irving Azoff, former chairman of concert promoter Live Nation Entertainment Inc, and basketball hall of famer Earvin "Magic" Johnson Jr.
Shanghai-born Yao retired from the NBA in July 2011 after eight seasons with the Rockets because of foot and ankle injuries. He formed a partnership with the NBA in China in 2012 to develop youth programs and increase participation in the sport in the world's most-populous country.
"China is just basketball crazy," David Shoemaker, the chief executive officer of the NBA in China, said in an interview with Bloomberg Television on Sunday in Beijing. The 70 million NBA fans and followers of social media in China have "a voracious appetite to consume everything about the NBA whether it's to buy jerseys or to get emoticons for their smartphones," he said.
The association started building a 12,000-square-meter NBA center on the outskirts of Beijing this year. "We're trying to bring all of that excitement that NBA has to offer into a brick-and-mortar establishment," Shoemaker said.
Nowadays, sports are globalized, and anything is possible, but so far, there is nothing substantial."
The UK showcases its advanced technologies at the 19th China International Industry Fair held in Shanghai.
The UK expects more industrial collaboration opportunities with China bolstered by the country's rapid upgrading, British officials said at the 19th China International Industry Fair.
The country’s “Northern Powerhouse” and “Midlands Engine” schemes are similar to the “Made in China 2025” with its focus on industrial upgrading, which offers opportunities to cooperate among producers in the two countries, said Martin Phelan, international investment director at the UK Department for International Trade. The UK is the industry fair's country of honor this year.
China’s rapid industrial upgrading has boosted exports of advanced technologies and services from the UK, given that last year almost 2,000 companies in the Midlands, an area cluttered with advanced technologies such as automobiles and aviation, exported over 3 billion pounds (US$3.9 billion) worth of goods to China.
China’s companies have also been participating in UK’s industrial development and upgrading. Shanghai Zhenhua Heavy Industries Co has built cranes for the latest port at Liverpool, while BYD, a Chinese carmaker, delivered 12 fleets of new energy vehicles in that city at the beginning of this year and “helping the city shift to ‘greener’ development,” Christine Vaudrey, international head for UK's international business festival, said.
The revised Constitution of the Communist Party of China (CPC) and the report of the 19th CPC National Congress have been published across the country.
Dozens of publishing houses are printing the latest revision of the CPC Constitution, which highlights the inclusion of "Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era", and the report delivered by Xi at the congress.
The report and the CPC Constitution are available at nationwide bookstores.
Shanghai Printing Group had printed 600,000 reports, 800,000 CPC Constitutions, and other related documents, according to Shen Jianyi, general manager of the company.
Shen said he initially knew Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era was included in the amendment of the Constitution via the Internet. But more than 150 employees at the company would experience the "historical moment" of printing it.
Jiang Jianhua, who took part in the debut of the
printed reports and CPC Constitutions in a bookstore, said he was eager to study
the fulltexts. "We should integrate those new concepts and new ideas into our
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