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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

#91

Post by eznoonze »

at-fates-hands wrote: post #48
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.

China is just flexing its financial muscle to try and tamp down what's going on in Hong Kong. The fact is, US companies does this on a regular basis to get vendors to comply to their crazy demands. Tim Cook was Apple's strongman who basically blackmailed Apple's entire Chinese supply chain to meet insane shipping and quality standards. Amazon has done it with their local delivery contracts with third party vendors. F…

There is a big difference between demanding your supply chain to meet your shipping and quality standards and demanding your supply chain to toe your political and ideological line.

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

#92

Post by paggle »

tyre wrote: post #57
nugget wrote: post #38

Earlier quoted context omitted.

>Already-rich folks kowtowing to fascists for a quick buck is beyond pathetic. Most NBA team owners are already billionaires. I believe most of them are self-made and have signed the giving pledge, meaning they will donate much of their wealth to charities at or before their death. If anyone can afford to take a stand, it would seem to be them.

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…

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.

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

#93

Post by ReptileMan »

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.

>Already-rich folks kowtowing to fascists for a quick buck is beyond pathetic.

fascist != authoritarian, it also about long term business opportunities. Selling NBA product for decades to come is hardly quick buck.

You are mostly right on the rest though - for the spherical cow in vacuum type of corporation that can ignore 1/6 of the world's population.

China is big player. Ascending superpowers tend to like flexing muscles and rocking the boat.

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

#94

Post by paggle »

whitebread wrote: post #45

Can we relax with the self-made, altruistic view of billionaires? Self-made is a myth, and an NBA owner just released a book titled "Shut Up and Listen." Money talks, and it seems pretty clear that all of the moves previously made were actually for profits, not social causes.

And the one who released "Shut up and Listen" is the one who walked back his GM's comments and licked China's boots.

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

#95

Post by celdon25 »

tyre wrote: post #57
nugget wrote: post #38

Earlier quoted context omitted.

>Already-rich folks kowtowing to fascists for a quick buck is beyond pathetic. Most NBA team owners are already billionaires. I believe most of them are self-made and have signed the giving pledge, meaning they will donate much of their wealth to charities at or before their death. If anyone can afford to take a stand, it would seem to be them.

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…

Disney owns ESPN, and also has had to deal with recent censorship of Winnie the Pooh in China (which is a different story altogether).

I'm suspecting there are quite a number of other business dealings between China and those who sit on boards of American companies. That would create an enormous tangle of conflict of interest. China doesn't need a military to conquer, as these business relationships seem to be doing the job well enough.

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

#96

Post by tooop »

uoaei wrote: post #75
sorenn111 wrote: post #63

Earlier quoted context omitted.

How is self-made a myth? Not saying all billionaires should be envied, praised, etc. I'm sure many are huge manipulative asshole. But many also came from very modest to virtually no means, how is that a myth?

"Self-made" is almost always a misnomer because there's a point very early in the process of accruing wealth where you use it to bootstrap its own operations, i.e., you start paying other people for their output to collect a net profit. At that point, "self-made" no longer applies because now other people are involved. At what point that transition happens determines how "self-made" they are, but no one is ever 100%…

Self made means that you didn't inherit your money, win it in lottery or somebody just gave it you. Self-made doesn't stop applying when other people are involved, that is just absurd.

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

#97

Post by NotSammyHagar »

justaduderr wrote: post #44
5trokerac3 wrote: post #32

Earlier quoted context omitted.

https://en.wikipedia.org/wiki/Great_Leap_Forward#Consequence... https://en.wikipedia.org/wiki/Social_Credit_System#Implicati... https://www.businessinsider.com/china-xinjiang-prisoners-bli... https://www.theatlantic.com/international/archive/2013/02/ch...

OK, are you going to post about the many US atrocities as well? Slavery, extermination of the indigenous population, redlining, Jim Crow, exploitation of illegal immigrant labor, etc. Keep in mind this isn't even counting what the USA does abroad. China is bad, but USA is bad too. Make no mistake.

What about it-ism doesn't get us anywhere. The US is bad but has aspirations, historical, theoretical and actual of recognizing mistakes and doing better. Among many things we recognize today in the us is that it was wrong to imprison Japanese people in the US in ww2, Jim Crow laws were wrong, slavery was wrong and we changed the constitution to deal with it (and fought a war), changed laws against Jim Crow type things.

The us has owned up to a lot of historical mistakes. China? Not so much.

I don't see China saying they can let Tibet go back to the way it was before they invaded. I don't see them agreeing to disagree with Taiwan. I don't see them letting HK go away and be free, when it's clear a significant number of people there want there. And then they have re-education/concentration camps for their Muslim minority. That's a clear attempt a genocide and destruction of their culture. The us did this against native americans to our everlasting shame. At least we have made some attempts to deal with that mistake.

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

#98

Post by PavlovsCat »

I know what "4 billion at risk" means, but I still can't help but be reminded of this:

> This planet has - or rather had - a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movement of small green pieces of paper, which was odd because on the whole it wasn't the small green pieces of paper that were unhappy.

-- Douglas Adams

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

#99

Post by paggle »

tw04 wrote: post #67
reaperducer wrote: post #26

Earlier quoted context omitted.

While I agree that the NBA has stand up and to do the right thing, I'm not sure that "incremental" is the correct description of the league's profits. I read an article very recently (NY Times, maybe?) that laid out the numbers, and the amount of money the NBA earns in China dwarfs its U.S. revenue. not like China is going to come up with their own basketball league It already has basketball leagues. And considering…

>the amount of money the NBA earns in China dwarfs its U.S. revenue. Source? >It already has basketball leagues. I guess it's a good thing I didn't say they don't. Partial quoting to try to make a point where there isn't one isn't very cool. >And considering that China has exported star players to the NBA, it's certainly a possibility. It's exported exactly one star: yao Ming, and one slightly above average player in…

Jeremy Lin grew up in Palo Alto, California.

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

#100

Post by NotSammyHagar »

fhood wrote: 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…

Money or surrender to evil. It's pretty simple.
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