Earlier quoted context omitted.
The reality is, our political and corporate elites made a deal with the devil two decades ago, because the $ to be made off-shoring manufacturing and gaining access to Chinese markets was too good to pass up. They lied to the public that China posed no economic or military threat going forward, and that our glorious free markets would inevitably lead to a bottom-up liberalization of China. Instead, we've played ourse…
20 years ago? I'd pin it on Nixon's visit in 1972, nearly 50 years ago. Without that I'd bet China would have civil warred and bootstrapped its self into Democracy.
NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts
341–350 of 477 posts
Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts
#342The NBA really needs to grow a spine on this one. They have nothing to lose but incremental profits and in the long run China will lose. It will just be one more reminder for the populace that their current government restricts them from luxuries the rest of the world gets to experience. And if that doesn't bother them, good riddance I guess, it's not like China is going to come up with their own basketball league th…
Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts
#343Earlier quoted context omitted.
Well, we saw with the USSR that decades of Cold War couldn't be defused politically but Levis and Coca Cola went a long way towards bridging the divide. Now we have China which is basketball-mad but the problem is we can't use the carrot of the NBA to entice them towards us as long as the NBA is willing to trade their product under China's terms for a big enough paycheque. The NBA's attempt to paint themselves as a n…
The NBA is about basketball, not about something that is quickly turning into McCarthyism. Demanding that they should 'stand for something' is behaving exactly how China and Chinese companies are accused of behaving. The concept of "enticing China towards the US" is also naive at best. China is not a small country that the US can turn into a satellite. It is a superpower with its own views and interests and however i…
Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts
#344Earlier quoted context omitted.
> They have nothing to lose but incremental profits and in the long run China will lose. I don’t understand this. They could lost all their market in China which is not a small number and in return, long-term financially, nothing. It is not like Chinese people can’t live without it. There are more than enough entertainments for Chinese people to enjoy.
People need to stop talking about China like it's a single unit and the government can control every single thing its people do. They threatened certain countries and yet tourist and student arrivals from China only increased. If they block NBA Chinese fans will still find a way to consume it.
Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts
#345This reminds me of a story a teacher of mine told in a Advertising class, about a retailer that put pressure on a soda maker to lower prices, or they wouldn't give them share of shelf. Well the soda maker didn't agree, so they pulled the inventory out. Weeks later the retailer came back to invite them in at the same rates. Apparently the customers weren't happy that their favorite soda wasn't available, and made sure…
This guy is a regular every day Canadian with a Chinese wife who's lived there on and off for 13 or so years, and he has a very unbiased opinion.
This episode is about Chinese Patriotism, very thought provoking.
Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts
#346Earlier quoted context omitted.
What do you mean? Adam Silver wrote a statement supporting Morey's right to free speech, and then doubled down on it after receiving flak for his free speech support.
I think the point was the NBA needs to take a stance on HK itself, in support of democracy. "We support free speech" is a cop-out, because China is happy for you to support free speech, as long as you don't say anything they don't like. It would be a stronger stance to say, "Actually, we think Morey was right", especially if it's going to cost them money to do so.
https://twitter.com/ShamsCharania/status/1181497808563658752
Really I don't know what more you're expecting. This is a strong stance.
Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts
#347Is 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…
The reality is, our political and corporate elites made a deal with the devil two decades ago, because the $ to be made off-shoring manufacturing and gaining access to Chinese markets was too good to pass up. They lied to the public that China posed no economic or military threat going forward, and that our glorious free markets would inevitably lead to a bottom-up liberalization of China. Instead, we've played ourse…
Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts
#348Earlier quoted context omitted.
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.
> 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. But the company doing the layoff isn't the same as the company doing the "wrong" thing. Think of the guy selling burgers in front of the stadium not meeting the quota because ticket prices surged and less people buy burgers or the bar owner selling less drinks because suddenly…
Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts
#349Earlier quoted context omitted.
> They have nothing to lose but incremental profits and in the long run China will lose. I don’t understand this. They could lost all their market in China which is not a small number and in return, long-term financially, nothing. It is not like Chinese people can’t live without it. There are more than enough entertainments for Chinese people to enjoy.
At the rate they're making money (NBA), why does ADDITIONAL PROFIT matter ? We aren't 'the ferangi'; people are more important than profits, but American corporations seem to have ignored or forgotten that. Screw NBA market share, or financial well-being. Democracy and human rights are vastly more important!
That said, the reason additional profits matter is that 51% of the revenue (not profits) go to the players, and the salary cap is tied directly to total revenue. This was collectively bargained and cannot be changed without a renegotiation. A lot of decisions have been made making assumptions about revenue that include revenue from China. On the player side, the total amount of money available to them is directly impacted by how much money is generated in China.
All that said, the NBA and the players should absolutely speak out and dare the CCP to delete the NBA. It's the most popular sport in the country and they've spent years cultivating the relationship. People will notice if it disappears.
Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts
#350The NBA really needs to grow a spine on this one. They have nothing to lose but incremental profits and in the long run China will lose. It will just be one more reminder for the populace that their current government restricts them from luxuries the rest of the world gets to experience. And if that doesn't bother them, good riddance I guess, it's not like China is going to come up with their own basketball league th…
> it's not like China is going to come up with their own basketball league that's going to overtake the NBA, ever. Why not? Is it inconceivable that in the future the CBA will be able to compete with the NBA for top talent? I guarantee that down the road a future Zion Williamson will choose to play in China over New Orleans. This won't be in the near future mind you, but as the Chinese economy grows, and as basketbal…