Chinese Firms Pay Women’s Soccer Team Millions After Cup Victory

China players celebrate with the trophy after their win in the AFC Women’s Asian Cup, on Feb. 6.Photographer: Indranil Mukherjee/AFP/Getty Images

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By Bloomberg News

February 7, 2022 at 7:59 AM UTC

This article is for subscribers only.

Chinese companies are rewarding the nation’s women’s soccer team with cash payouts totaling some $3.6 million for an exciting championship victory that for a short time at least is overshadowing the Winter Olympics in the Asian nation.

Ant Group Co.’s Alipay said on social media it was giving the players 10 million yuan ($1.6 million) and the coaches another 3 million yuan, while China Mengniu Dairy Co. said it would hand the team 10 million yuan.