last august, the government in china imposed a limit on non-strategic investments outside china. suning also wanted to concentrate their funds on their domestic retail business, and as part of their damage control measures, they already shut down their domestic football club.
they didn't pay a cent for hakimi yet. i read yesterday that they'll transfer the first installment today. they didn't pay wages until ~february, so the chinese can thank conte to keep the squad motivated. they are probably in a messy situation right now, and i can see them losing players and trying to get loans before the summer ends. bc partners could have been a good opportunity for them to ease the pressure, but if the tweet is accurate, then they'll need a loan before the end of the season to be able to provide financial guarantees for next season. it's hard to gather reliable information on their real status, rumors range from minor liquidity issues to bordernline bankruptcy.