NBA forms NBA China to handle business interests in China (AP)

The NBA formed NBA China on Monday, strengthening its business interests in the region and perhaps paving the way for a bolstered professional league in the country. The new entity arrives seven months before the summer Olympics in Beijing, when basketball will be one of the showcase events. American players such as LeBron James, Kobe Bryant and Dwyane Wade are well known in China, and the Chinese...