"Many names have been mentioned of very strong strikers", he told Milan TV.
"I spoke with Torino and they know we are monitoring Belotti among others".
"Clearly we are still thinking of doing something else in that position".
"Fortunately we are in China now so we can hold discussions with the owners to understand what our resources are, because they are not unlimited".
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Milan could be free to push for Pierre-Emerick Aubameyang or Andrea Belotti as Chelsea are reportedly pursuing Manchester City's Sergio Aguero.
Indeed, it's been claimed that Milan are ready to make Aubameyang the best paid player in Serie A.
The Italian striker has been on the lips of Europe's top clubs over the past six months after scoring 40 goals in 74 appearances for mid table Italian club Torino. It was a insane idea and we didn't even want to try it, but then Vincenzo Montella told us to continue pushing.
"We have been looking at Morata from the beginning, and he has made himself available, then complications arose between the Champions League final and the emergence of different interested teams and things have cooled since. Leo is a warrior and a leader who will give us a lot both on and off the field".