Lander Sports Investment is reportedly back in for the club.
Shu Yuhui says he wants many of the world's top strikers.
Ronaldo recently signed a contract extension at Madrid.
The agreement would be a record for an overseas television deal.
The England captain has been linked a move to the country in the past.
The deal is reportedly worth £23.5 million a year after tax.
The Manchester City midfielder is reportedly fielding massive offers from the Far East.
A key member of the Chelsea squad is close to moving to Jiangsu Suning in China.