Jorge Mendes told Sky Sports Italia that Madrid had been offered that sum as a transfer fee for the player, who would in turn receive over 100 million euros - around $A147 million - a year in salary.
"From China, they've offered 300m euros to Real Madrid and more than 100m per year to the player," Mendes said.
"But money is not everything. Real Madrid is his life. Cristiano is happy at Real Madrid and it is impossible to go to China."
