
Chinese retailer Suning’s chairman Zhang Jindong (R) and Italy’s Inter Milan president Erick Thohir raise a toast at a news conference in Nanjing, Jiangsu Province, yesterday. Suning, based in Nanjing, announced yesterday that it has bought a majority stake in Inter Milan, marking the latest entry into the European soccer market by cash-rich Chinese firms. Suning already owns the Jiangsu Suning club in the Chinese Super League and hopes to leverage Italy’s soccer expertise to boost the level of the domestic game. (Story on P7)Xinhua
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