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NBA to Invest in China

October 13th, 2008 · No Comments

The National Basketball Association (NBA) plans to invest in China according to AP.

The China investment is focused on the development of basketball style arenas in major Chinese cities through a joint venture with Anschutz Entertainment Group, a leading sports and entertainment presenter based out of Los Angeles California.

The amount of the Chinese investment, the completion date nor the target cities was disclosed.

Tags: China Investment

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