How China slam-dunked the NBA

Business Daily

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How China slam-dunked the NBA

Business Daily

Does the China-NBA bust-up mean that the Chinese are falling out of love with US basketball - and US business in general? One thoughtless tweet in support of Hong Kong protestors by Daryl Morey, general manager of the Houston Rockets Basketball team, has kicked off a diplomatic storm, with Chinese TV stations cancelling the planned airing of NBA exhibition basketball games. It certainly reflects a much more prickly, nationalistic mood in China at a time when the country feels under attack from the US government's trade sanctions. Fenella Barber of China business consultancy Bao Advisory says it is typical of the cultural misunderstandings that still occur when Western businesses try to break into the country's gigantic fast-growing consumer market. But Andrew Coflan of geopolitical strategists Eurasia Group says the kerfuffle says a lot more about internal Chinese politics than the business environment, which Beijing is actually working hard to make more foreigner-friendly. Meanwhile journalist and businessman James MacGregor explains why so many US companies are thinking about exiting China - and it's not just because of the escalating trade war. (Photo: Lakers fans with Chinese flags at an NBA game in Shenzhen. China: Credit: AFP/Getty Images)
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Does the China-NBA bust-up mean that the Chinese are falling out of love with US basketball - and US business in general? One thoughtless tweet in support of Hong Kong protestors by Daryl Morey, general manager of the Houston Rockets Basketball team, has kicked off a diplomatic storm, with Chinese TV stations cancelling the planned airing of NBA exhibition basketball games. It certainly reflects a much more prickly, nationalistic mood in China at a time when the country feels under attack from the US government's trade sanctions. Fenella Barber of China business consultancy Bao Advisory says it is typical of the cultural misunderstandings that still occur when Western businesses try to break into the country's gigantic fast-growing consumer market. But Andrew Coflan of geopolitical strategists Eurasia Group says the kerfuffle says a lot more about internal Chinese politics than the business environment, which Beijing is actually working hard to make more foreigner-friendly. Meanwhile journalist and businessman James MacGregor explains why so many US companies are thinking about exiting China - and it's not just because of the escalating trade war. (Photo: Lakers fans with Chinese flags at an NBA game in Shenzhen. China: Credit: AFP/Getty Images)
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