A study of Sports industry in Asia
Jiao Mingyue

School of Physical Education, Shanxi Normal University, Taiyuan 030000, China

Abstract

Asian countries are playing an important role in the development of the international sports industry. China, Japan and South Korea in particular have hosted international sporting events such as the Olympic Games, the World Cup and the World Championships. At the same time, China^s sports industry has also shown a trend of high-quality development. However, there is a world of difference between Asian sports industry and Western sports industry. Based on this, this study studies the sustainable development of Asian sports industry from three dimensions: economics, finance and management. This paper discusses the advantages and disadvantages of introducing foreign players to competitive games, the relationship between income and team performance, the relationship between sports events and market supply and demand, the development trend and prospects of sports facilities in China.

Keywords: Sports economics- Asian sports industry- competitive balance

Topic: Sports market and industry