HSBC Champion is staying for two more years
During the recession, more and more golf events have been cancelled because of financial problems with the sponsors. The $1 million TCL Classic in Hainan Island, sponsored by the Chinese electronics manufacturer, was first to disappear from the schedule in 2008. BMW is also planning to modify the Tomson Shanghai Golf Club venue and will cancel it in 2009. However, HSBC Champions will remain in Shanghai until 2010 after it is elevated to a World Cup of Golf event. This new event gives great chances to Chinese golfers and four Chinese players are likely to tee off alongside world number one Tiger Woods in November. And Omega, despite cutting back its sponsorship this year, continues to back the professional China Tour, while HSBC runs a junior golf programme with the CGA. Please go to Reuters for more information. By the way, we are looking for a press pass for the HSBC Champions. We have tried to connect with HSBC. Please let us know if you can help. Thank you.
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