China's financial might worries Arsenal's Wenger

(Reuters) - European clubs should be worried by Chinese football's display of economic might in the January transfer window, Arsenal manager Arsene Wenger said on Friday. The Chinese Super League out-spent Europe's elite with a series of high-profile signings that could still increase before the local transfer window closes on Feb. 26. Jiangsu Suning smashed the league's transfer record for a third time in 10 days by signing Liverpool target Alex Teixeira from Shakhtar Donetsk for 50 million eur