The news outlet afkgaming.com cites Ruru reported the following:
Yes, the Shanghai government is willing to support at the same level as the LOL World Championship Series, but Valve said no to the proposal.
Instead of cancelling the event altogether, Valve first considered hosting it with teams and talent only. However, these plans were dismissed. The afkgaming report also cites IMBATV's co-founder Haito who claims that plans to bring TI back to Shanghai have existed since April or May – with the full support of Shanghai's government.
TI10 was supposed to return to Sweden this year, but due to the coronavirus, the original schedule had to be postponed. Right now, Valve plans to resume the DPC circuit in early 2021 with TI10 going down in August 2021 in Sweden, as originally planned.
Photo credit: Valve