Chinese conglomerate Dalian Wanda Group has invested €45 million (US$52 million) to acquire a 20% equity stake in Club Atlético de Madrid, a Spanish football club, to help shore up its balance sheet and support its expansion in China, according to a company announcement. This is the first time a Chinese company has invested in […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.