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NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

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121–130 of 477 posts

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#121
A presidential candidates stance on China and its abuse of human rights will be a key issue for me in 2020.

What is happening to the NBA, Blizzard, and seemingly every company that has a presence in China is the tip of the iceberg.

If we as a liberal free society cannot stand against the rise of oppressive totalitarianism then we are doomed to fail.

Incremental profits and potential market share in a closed economy is not worth the values we are sacrificing in the process.

If you are a C-level executive at a company doing business in China these issues need to addressed at the board level. What is the level of influence that the Chinese government is exerting on you and your morals.

Your stance should be clear: You either support the people of HK and their fight for representation in government, or you support the totalitarian regime that is oppressing them and hundreds of millions of other Chinese citizens.

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#122

Earlier quoted context omitted.

I have a feeling you're not going to want to admit this, but the current administration is actively reversing that policy. Also look into what China is doing economically in Africa and you might be reminded of pre-Gulf War America in the Middle East.

I live in an African country. I know what China is doing in my country. This is what they are doing -> Investing billions of rands and they never supported an unjust government like US which was sponsoring apartheid government in my country and listed Nelson Mandela as a terrorist for fighting against their favourite government which was oppressing black people in their own country.

I pointed out to you what China is doing economically in an African country that I live in. Also pointed out what US has done recently in my country and continue to do. I wouldn't mind if someone feels I am inferior but leave me alone. I have a problem with a country that acts holy but was sponsoring oppression of people in my country and continues to sponsor oppression of people of many other countries in this day and age. China is the least of my worries.

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#123

It's not much of a dilemma though, is it? Already-rich folks kowtowing to fascists for a quick buck is beyond pathetic. US companies should stop targeting China for growth. If they don't steal your IP completely, they'll eventually freeze you out like they just did the NBA. It's happened to many companies and will eventually happen to you too. Play stupid games, win stupid prizes.

There's a reason that, historically, fascists cozied up to the ownership class. People who operate on the assumption that they must profit over everything else are easily coerced into aligning their interests with those of fascists.

China has intentionally conflated dealings with government cartels with capitalist enterprise. Its just a means to obscure what would otherwise be called "treason" and sweep under the rug any notion that your business can be, "nationalized" at their whim.

I don't understand how American businesses didn't learn their lesson in Cuba in the 60's?

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#124

Well give them a handout as the US soybean farmers got for Chinese cutting imports due to trade war ... this is no different. You either engage with China and turn a blind eye to their internal repression or totally decouple yourself from them ... can't have your cake and eat it.

[dead]

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#125

Earlier quoted context omitted.

Everything from that list is from within the last 60 years. While China was murdering between 60 to 100 million of its citizens, America passed the Civil Rights Act.

I don't have too much time to educate you on these things but just to note: Re: "60 to 100 million of its citizens" is just straight up wrong. There was a Great Famine in China* - Mao did not murder up to 100 million citizens. Are you serious? Your own source says as much. Re: Social Credit System (SCS) - By pretty much every metric the SCS has not resulted in massive discrimination on the scale of racism and sexism…

[deleted]

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#126
post #57

Earlier quoted context omitted.

The owner of the Nets is an executive at Alibaba. He will follow the party line and has (calling Hong Kong protestors “separatists”, etc.) The jersey sponsor of the LA Lakers is Wish.com, a company doing drop shipping from China. LeBron James is sponsored by Nike (as are all of the jerseys) and Nike has significant interest in keeping the Chinese market open. LeBron is leading production of Space Jam 2. He won’t jeop…

>calling Hong Kong protesters “separatists”, etc. Devil's advocate here...Are they not separatist? If not, shouldn't they be? It's hard to imagine your "country" working on a death clock. In 2047 it all ends. So, what is the point of fighting the good fight at this point? Why not face the inevitable and leave while you can? Or fight for a final independence now, while you can?

> So, what is the point of fighting the good fight at this point? Why not face the inevitable and leave while you can? Or fight for a final independence now, while you can?

Because there's still 28 years to go, and a lot can happen in 28 years.

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#127
post #60

Earlier quoted context omitted.

>Can we relax with the self-made, altruistic view of billionaires? I'm not sure that user is pushing a particular agenda you describe. Nor does the name of a book prove much of anything.

It proves that you're too lazy to read, which is generally the winning point in an argument.

I wonder - did @whitebread actually read "Shut Up and Listen"? He doesn't even seem to understand that the title of the book is an exhortation to business owners and leaders that they need to listen to their customers? Even the last chapter is titled, "If You Want to Lead, Listen First".

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#128
What if this blows up in the other direction ?

How many Chinese will pay attention to "whatever those people are doing in Hong Kong" for the first time because of this ?

Which is to say, what if lots of young Chinese stand up and take notice that they can't watch world class professional basketball anymore ?

I am well aware that there is homegrown professional basketball in China, but the $4B number suggests they want to watch the NBA, which isn't surprising.

It's not obvious to me that, from the position of youth in China, the state holds the winning hand here ...

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#129
post #57

Earlier quoted context omitted.

The owner of the Nets is an executive at Alibaba. He will follow the party line and has (calling Hong Kong protestors “separatists”, etc.) The jersey sponsor of the LA Lakers is Wish.com, a company doing drop shipping from China. LeBron James is sponsored by Nike (as are all of the jerseys) and Nike has significant interest in keeping the Chinese market open. LeBron is leading production of Space Jam 2. He won’t jeop…

>calling Hong Kong protesters “separatists”, etc. Devil's advocate here...Are they not separatist? If not, shouldn't they be? It's hard to imagine your "country" working on a death clock. In 2047 it all ends. So, what is the point of fighting the good fight at this point? Why not face the inevitable and leave while you can? Or fight for a final independence now, while you can?

> Devil's advocate here...Are they not separatist? If not, shouldn't they be?

These are their demands (more or less):

https://en.wikipedia.org/wiki/2019_Hong_Kong_protests#Object...

Full-on separatism would give the PLA a more plausible reason to declare an insurrection and go full Tiananmen Square. Also, a lot of HKers who support the existing demands would not be on board with it.

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#130
post #72

China presents a huge opportunity for growth to the NBA, and this is a really crucial period for them as it seems like the NFL's stranglehold might be weakening and extra money to reinvest might help that process. I don't understand how people can act like losing the Chinese market is some sort of trivial decision?!? I would love for the NBA to stand up to China on this issue, but it IS NOT AN EASY OR OBVIOUS DECISIO…

Its a binary choice.

You either stand against tyranny, or support it.

There is no middle ground, and this needs to be made clear to every company that is faced with this decision.

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