CSL the world's highest-spending league in 2017

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Oscar Shanghai SIPG
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The Republic's top teams spent even more this year than last, with Oscar and Carlos Tevez among the most high-profile new arrivals

Chinese Super League clubs are the biggest spenders of 2017 so far, having splashed a staggering £333.54 million (€392.4m) on players during the winter transfer window.

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The Premier League's finest had topped the standings at the end of deadline day in England, on January 31, with £222.32m (€261.55m) having been spent on new talent.

However, the CSL window remained open until Tuesday, February 28, allowing China's top teams to surge clear thanks to a succession of high-profile deals.

2017 Spending PS

The CSL announced itself as football's newest financial superpower 12 months ago with a stunning outlay of £292.94m (€344.64m), with the likes of Ramires, Jackson Martinez and Alex Teixeira leaving Europe for the Far East as China's transfer record was broken three times in the space of a month.

It was anticipated that less money would be spent this year due to the Chinese Football Association imposing new restrictions on the use of foreign players.

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However, after Shanghai SIPG smashed the CSL transfer record last summer by paying Zenit £47.43m (€55.8m) for Hulk, Andre Villas-Boas' side struck again in January by acquiring Brazil international Oscar from Premier League leaders Chelsea for £51m (€60m).

In addition, while Shanghai Shenhua only handed over £8.93m (€10.5m) for Boca Juniors legend Carlos Tevez, it is believed that the Argentine is now the highest paid player in the world, with some reports claiming that the forward is earning £615,000 (€721,000) per week.

Chinese Super League Top Transfers PS

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There were several other significant coups, with Belgium's Axel Witsel (£17m/€20m) snubbing Serie A titleholders Juventus to link up with Fabio Cannavaro's Tianjin Quanjian, who also splashed £15.3m (€18m) on former Selecao star Alexandre Pato.

Eyebrows were raised, too, when Changhun Yatai agreed to give Watford a whopping £19.81m (€23.3m) for striker Odion Ighalo, who had netted just once during the first half of the present Premier League season.

Elsewhere, Hernanes joined Hebei China Fortune, with Juve pocketing £6.8m (€8m) for the Brazilian midfielder, while Christian Bassogog earned himself a £3.74m (€4.4m) transfer to Henan Jianye from Aalborg on the back of his sensational exploits with Cameroon at the Africa Cup of Nations.