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

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

#211

Post by davidw »

johnchristopher wrote: post #204
davidw wrote: post #175

Earlier quoted context omitted.

If it's someone's job to dump raw industrial waste in the river, and stricter environmental regulations cause them to lose their job, I'm ok with that. That's why we have unemployment benefits, and why most countries do things like have health care that's separate from employment.

> If it's someone's job to dump raw industrial waste in the river, and stricter environmental regulations cause them to lose their job, I'm ok with that. I am not talking about Chinese workers losing jobs, I am talking about US citizens being collateral damage next month when Random Mother Corpo ® decides to lay off an arbitrary number of workers way down the corporate ladder in order to compensate for the bad previs…

If a company has to do layoffs because they're doing something "wrong", I'm fine with that. The toxic waste thing is just a simple example.

I think there should be policies in place to help people who lose their jobs for whatever reason.

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

#212

Post by fucking_tragedy »

avn2109 wrote: post #153
nostromo wrote: post #14

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.

>> "... kowtowing to fascists ..." "Fascists" is probably not a good description of the Chinese Communist Party, since Fascism is widely regarded as always and everywhere the diametric opposite/enemy of Communism and Communists. Examples of this include [0] and [1] and [2] and [3], which are the results of me googling "is fascism the enemy of communism?" for 5 seconds. Probably you mean "Totalitarians" or "Statists"…

It's difficult to take a look at modern China and call it communist with a straight face.

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

#213

Post by ransom1538 »

heavyset_go wrote: post #25
nostromo wrote: post #14

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.

https://en.wikipedia.org/wiki/Krupp

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

#214

Post by Consultant32452 »

FussyZeus wrote: post #167
paggle wrote: post #92

Earlier quoted context omitted.

As Michael Jordan didn't say... "Republicans buy sneakers too." Billionaires didn't get to be billionaires by leaving money on the table. We need large scale political action against China.

Billionaire's shouldn't exist. Name literally one benefit of having a billionaire in our society. Any one thing we wouldn't otherwise have.

Tesla, SpaceX, and ending polio?

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

#215

Post by habitue »

SilasX wrote: post #147

Is it just me, or are there a lot of stories now about China throwing its financial weight around to influence speech? We had the Blizzard/War of Omens thing [1], and the Houston Rockets remark being rescinded [2], and the South Park cancellation [3], and now this, all in the span of about a week. [1] https://www.cnet.com/news/blizzard-removes-blitzchung-from-h... [2] https://www.cnbc.com/2019/10/07/houston-rockets-g…

Well, there's a common cause right? The protests in HK

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

#216

Post by rtkwe »

vkou wrote: post #151
rtkwe wrote: post #76

Earlier quoted context omitted.

North Carolina didn't have 4 billion dollars and a 1.3 billion person potential market to dangle in front of the NBA is why.

No, the difference was that anyone with a whit of sense knew that North Carolina would bow down to pressure, and had more to lose from the NBA taking a stance. And now, everyone with a whit of sense knows that China will not bow to pressure, and the NBA has more to lose from taking a stance. For some reason, they aren't keen on tilting at windmills.

Somewhat but a good bit of that pressure wouldn't have come from companies if NC had similar market power and the ability to just shut out whole companies from their market on a whim like China does.

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

#218

Post by madiathomas »

madiathomas wrote: post #122
madiathomas wrote: post #68

Earlier quoted context omitted.

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 a…

Firstly, I belong to a minority tribe in SA. That tribe is called Venda. Just over a million people out of around 55 million people. Secondly, no group of people is being oppressed in SA. China isn't interested in regime change or looting of African resources like the West. No record of them sponsoring wars and genocides, for profit.

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

#219

Post by repolfx »

SilasX wrote: post #147

Is it just me, or are there a lot of stories now about China throwing its financial weight around to influence speech? We had the Blizzard/War of Omens thing [1], and the Houston Rockets remark being rescinded [2], and the South Park cancellation [3], and now this, all in the span of about a week. [1] https://www.cnet.com/news/blizzard-removes-blitzchung-from-h... [2] https://www.cnbc.com/2019/10/07/houston-rockets-g…

Also the UBS pig incident:

https://fortune.com/2019/06/17/ubs-china-pig-paul-donovan/

That one wasn't even anything apparently political, just absurd snowflake-scale sensitivity on the part of a whole country:

Donovan made the “Chinese pig” comment on Wednesday as he attempted to explain why the country’s swine flu outbreak shouldn’t concern investors eyeing the international inflation outlook.

“Does this matter? It matters if you are a Chinese pig,” Donovan said. “It matters if you like eating pork in China. It does not really matter to the rest of the world. China does not export a lot of food. The only global relevance would be if Chinese inflation influenced politics and other policies.”

Somehow the second sentence got interpreted as an insult - or was it just part of a trend of throwing weight around, as you suggest?

One of China’s biggest state-owned infrastructure companies excluded UBS Group AG from a bond deal after the bank’s global chief economist sparked a furor with his use of the phrase “Chinese pig.”

The comment was condemned by two Communist Party publications and by trade groups representing Chinese brokerages. Haitong International Securities Group, which competes against UBS for China-related business, said on Friday that it had suspended its activities with the bank.

Honestly, having watched this sort of stuff for years my own business interest in China is dead. Yes, it's a big market. But you can live very comfortably serving the rest of the world. Facebook and Google are banned there, they still mint more money than they can spend. Ignoring that market completely seems like a recipe for a much simpler life.

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

#220

Post by DollarGuru »

partiallypro wrote: post #209
nostromo wrote: post #14

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.

The NBA has an advantage that other companies don't have. Their product can't be knocked off, and their talent level can't be matched by outside leagues. They have so much leverage to just walk away. The NBA is huge in China, fans will be more upset at their government than the NBA.

And they'll all protest in silence.
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