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Tapping The Potential Of Sports: Incentives In China’S Reformation Of The Sports Industry, Yu Fu
Tapping The Potential Of Sports: Incentives In China’S Reformation Of The Sports Industry, Yu Fu
CMC Senior Theses
Since the 2010s, China’s sports industry has undergone comprehensive reforms. This paper attempts to understand this change of direction from the central state’s perspective. By examining the dynamics of the basketball and soccer markets, it discovers that while the deregulation of basketball is a result of persistent bottom-up effort from the private sector, the recentralization of soccer is a state-led policy change. Notwithstanding the different nature and routes between these reforms, in both sectors, the state’s aim is to restore and strengthen its legitimacy within the society. Amidst China’s economic stagnation, the regime hopes to identify sectors that can drive …