Arsenal have reportedly failed in their attempt to sign Dalian Yifang winger Yannick Carrasco.
Unai Emery is an admirer of the Belgium international, who was also heavily linked with a move to the Emirates Stadium during January.
The 25-year-old had been identified as a top target for the Gunners, despite their limited budget due to missing out on next season's Champions League.
However, according to The Sun, Arsenal have been priced out of a deal for the attacker as Dalian Yifang demand £30m for his signature.
That leaves Carrasco out of Arsenal's price range, at least until Emery is able to make a significant sale in a bid to raise extra funds.