China

Australian cycling has received a boost with the news the WorldTour licence for the Tour Down Under has been extended until 2015, while Beijing is set to become the first Asian stop on the calendar.

GLG Life Tech Corporation, which specialises in natural food and beverage products, has announced that its AN0C venture has signed up as a sponsor of China’s Olympic swimming team.

Real estate firm Dalian Wanda is to inject US$77 million into football in China after a new three-year agreement was unveiled by the Chinese Football Association (CFA) on Monday.

CCTV-IMG Sports Management Company, a China-based joint venture between the country’s national broadcaster and IMG Worldwide, has announced a strategic partnership with Shanghai Racing Sports Corporation.

Barclays Spaces for Sports and Right To Play have linked up to launch a three-year program to use sport to enhance the lives of disadvantaged migrant children in China.

The Chinese Football Association (CFA) and the China Football Industry Development Corporation (CFIDC) have struck a multi-year deal with World Sport Group to develop the brand of the country’s national football team.

China Unicom has signed up as a major sponsor of the 2011 World Table Tennis Championship in Rotterdam, the Netherlands.

Formula One's season-opening Grand Prix in Bahrain could be called off due to worrying instability in the country, according to the sport’s commercial supremo Bernie Ecclestone.

Yingli Green Energy, the company that became the first ‘green’ sponsor of the FIFA World Cup last year, has expanded its influence in football by signing up as an official premium partner of Bayern Munich.

Barclays Spaces for Sports, in partnership with Right To Play, is to deliver a three-year programme using sport to improve the prospects for disadvantaged migrant children in China.

This year’s Asian Games, which came to an end on Saturday with the Closing Ceremony at Haixinsha Square in Guangzhou, China, has raised a record three billion yuan ($454 million) in sponsorship.

The Bird’s Nest stadium is again set to turn into a stage for the best track and field athletes in the planet as Beijing has been given hosting rights for the 2015 Athletics World Championships.

US golfer Tiger Woods is weighing up sponsorship offers from Chinese companies to make up for a series of sponsor dropouts following his marital infidelity scandal.

The FIA (Fédération Internationale de l'Automobile), motor sport’s governing body, ratified a record 20-race 2011 calendar yesterday but doubts linger over the included Chinese and Indian grands prix

A Chinese bid to host the FIFA World Cup is likely to be delayed by at least four to eight years beyond the mooted date of 2026, according to Mohammed Bin Hammam, president of the Asian Football Confederation.

Leading global sportswear brand Nike has risen to the highest since it went public in 1980, posting $559 million in net profits for the quarter to August, a nine-per-cent increase on the same period last year.