The London Evening Standard says the 29-year-old striker has two years remaining on his current contract and plans are in place to offer him an extension, which would include an increase on his current £190,000-a-week wage.
Arsenal believe Aubameyang is settled in north London and has shown no signs of wanting to force a move.
However, two Chinese clubs are hopeful that could change. Guangzhou Evergrande and Shanghai SIPG are keen on signing Aubemeyang, who turns 30 later this month.
Need a VPN? Or seeking to switch? Then support Tribal Football by clicking here to sign up with our official partners NordVPN. Not only will you receive the best VPN experience, but also great discounts by signing up via Tribal Football. Thanks for your support!