Why is there no Chinese Football team at the World Cup?

The China team is so bad it can barely beat middle schoolers
http://mobile.shanghaiist.com/2009/04/17/how_terrible_is_the_chinese_footbal.php

but seriously why so terrible? It’s not cuz they don’t have the resources, just look at how much they spent on the olympics. It’s not because Asians are too short or physically unfit just look at South and even North Korea or Japan. That leaves politics and economics. The CFA is under the Chinese State Council while also being supposedly a nonprofit with profit seeking subsidiaries like the China Superleague. This leaves it vulnerable to mixed mission and profit motives, thr nowhere land for effective organizations!