New Olympic darling Fu Yuanhui breaks Chinese internet

I’ve already written about Fu Yuanhui, but it’s worth watching the videos again. First her priceless reaction after the semi-final interview (translation courtesy of Propeller TV): 

Then here’s the clip after the final, in which she hadn’t realised she had won a medal (translation courtesy of What’s on Weibo):

Say what you like about China’s swimmers – and many have – but it’s hard not to love Fu Yuanhui.

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West Brom, AC Milan added to China’s trophy cabinet

Chinese football added another two major clubs to the country’s portfolio, as the government-backed soccer drive shows no sign of slowing down.

With the sporting world’s attention zeroing in on the Rio Olympics, China’s football industry – as has been the case repeatedly this year – stole back the spotlight. West Brom became the first English Premier League club to be acquired by a mainland Chinese owner. Then, just hours later, AC Milan joined the club as a Chinese consortium took full ownership from Silvio Berlusconi, following the lead of its cross-town rival Inter two months ago. Here are five thoughts on the day’s dealings: 

1. Never, ever believe the rumors

Milan fans can now finally say goodbye to Silvio Berlusconi

All the talk surrounding West Brom for weeks had been about Wanda and its chairman Wang Jianlin, even though there was no hint whatsoever about this from the club. AC Milan was linked with just about every well-known Chinese entrepreneur and his dog, before the lesser-known Sonny Wu emerged as the latest frontrunner. Cue another surprise when the Haixia Capital-State Development & Investment Corporation axis finally won out in the Berlusconi Sweepstakes. The lesson here is that there are simply too many unknown Chinese buyers looking to invest right now, so connecting the dots to one of the few known entities turns out to be nonsense 9 times out of 10, even if occasionally it turns out to be a lucky guess.